Home / Annuity FYI’s Variable Annuity Cautions — Read Before You Invest!

 

Annuity Caution #7: Variable Annuity Rider Buy Backs

Recently, annuity-owners of variable annuities with riders from insurance companies, such as Axa Equitable and The Hartford, have been contacted by their insurance company issuer. The offer is in writing, and sometimes followed up with a phone call, with offers to pay the annuity-owner a one-time lump sum to relinquish (void) some of the initial riders with guarantees, benefits that rely on the insurance company to pay them. Is the lump sum better or the long-term guarantee? Read this before you invest!

Annuity Caution #6: L-Share / Short Surrender Annuities

Be cautious about purchasing a variable annuity with a shortened (3-4 year) surrender period. They could cost you more. Read this before you invest!

Annuity Caution #3: Variable Annuity Transfers

Are you considering a replacement of your current variable annuity with another? Read this before you transfer!

Annuity Caution #2: FINRA Broker Lookup

Prior to purchasing an annuity, look up your financial advisor on FINRA’s website to see if he or she has any complaints on file or a criminal background. Read this before you invest!

Annuity Caution #1: Pre-Purchase Annuity Checklist

Prior to purchasing a variable you should consider the information below. Read this before you invest!

ANNUITY WARNINGS

New Fixed Index Annuity from Eagle Life

Eagle Life Insurance Company, a leader in the annuity industry, recently announced the addition of a five-year fixed index annuity …

Allianz Partners With Orion to Provide Annuity Data

In a press release last week, Allianz Life Insurance Company of North America announced that it would be partnering with …

New Annuity Products

In the annuity industry, it’s extremely important to keep up with the latest and greatest as the market is continuously …

Retirement Strategies: Annuity or IRA?

If you’re at all interested in saving for retirement, there’s a really good chance you’ve heard of both annuity products …

Prudential Focusing On Annuity Conversation

If you research annuity products online, you’re going to find a plethora of information that both support these financial tools …

Global Atlantic First to Offer Annuities via Envestnet Insurance Exchange

Global Atlantic Financial Group has just announced that it will be the first to offer annuity products on the Envestnet …

ARTICLES & GUIDES

New Annuity Products

In the annuity industry, it’s extremely important to keep up with the latest and greatest as the

Retirement Strategies: Annuity or IRA?

If you’re at all interested in saving for retirement, there’s a really good chance you’ve

Prudential Focusing On Annuity Conversation

If you research annuity products online, you’re going to find a plethora of information that both

This web page has been reviewed for compliance.
Document reference: #1500261-17

Share Button

Annuityfyi.com - Prefooter

× Popup Banner

FIA GUIDE

5 keys to making the right decision

Not Today
× Popup Banner

Discover How to Control Your Financial Future

FREE Download and Newsletter

FIA Guide: 5 Keys to Making the Right Decision

Not Today
× Popup Banner

Avoid Costly Mistakes When Picking Your Annuity

FREE Download and Newsletter

FIA Guide: 5 Keys to Making the Right Decision

Not Today
Share On Facebook
Share On Twitter
Share On Google Plus
Share On Linkedin
Share On Pinterest