Annuities---The Whole Truth

Annuities, as you may or may not know are almost never bought directly as a result of a consumer waking up and thinking they want an annuity. They are typically sold to people by annuity or insurance agents.

Just yesterday I received a phone call from a gentleman who mentioned that he never thought about an annuity but was thinking about an Aviva Annuity because a high pressure salesman came by and convinced him it was a good idea.

Unfortunately, this is how many annuities are sold. They are forced upon a consumer by a slick or high pressure salesperson and the consumer, only a short time late to leave the consumer wondering what the heck they purchased.

It amazes me that most consumers, YES MOST OF THEM, have no idea what their annuity does or how it works. It is only evident that they have no clue what they purchased. If this is how you feel then you are not in the minority. Unfortunately, there is never full disclosure to a consumer when they purchase their annuity.

So what's the point? If you own something that you don't know about, it's time to do a little homework and figure it out. There are so many features (good and bad) about annuities that if you wait until you need the money to figure it out, how yours works you may be disappointed. And if you are thinking about buying an annuity, don't let a high pressure salesperson talk you into it unless it is exactly what you need.

So, Mr. X who called me yesterday, I told you I would write a little article about you so this one's for you. Yes, you told me you weren't in the market for an annuity so why would you let a 'high pressure salesman' talk you into it? If you like what he had to say then tell him you'll get back to him and in the neamtime do your homework. If you didn't then tell him to go away...yes it's that simple.

Well, I hope this helps. But in the end, just stay away from the situation that would have you waking up one day thinking, 'what the heck did I buy'?

Now that you know more about how to avoid being talked into buying annuities, learn more about how to do your homework so you can buy the annuity that's right for you if that's what you are looking for.

Tony Bahu is the CEO of AnnuityMD.com and the author of 'Annuities: The Shocking Truths Revealed' which is a book that reveals the shocking secrets about annuities that agents and insurance companies DON'T want you to know. Please visit http://www.annuitymd.com/ for more information.

Labels: 2 tier annuities, annuity purchase, Aviva annuities, Equity Index Annuities, fixed annuities, variable annuities

Announcing the Annuity Help Center

AnnuityMD.com is proud to announce it's Annuity Help Center. This is a place for consumers to go to get unbiased information on variable, fixed, immediate, and fixed index annuities.

The information superhighway is full of biased information particularly when it comes to annuities. AnnuityMD.com is committed to bringing consumers a very unbiased and true look at what annuities have to offer---the good, bad, and the ugly.

Please visit the Annuity Help Center by clicking on Annuity Help.

Labels: annuity help, annuity information, Equity Index Annuities, fixed annuities, Immediate Annuities, Single Premium Immediate Annuities, variable annuities

Annuities: How to Get Out of My Annuity

The following applies to equity index annuities, fixed annuties, and variable annuities and in some cases immediate annuities.

Let's just cut to the chase here. There have been many e-mails coming in the last few days regarding the new information that has been posted on AnnuityMD.com so I would like to clarify.

Many annuities that are sold are sold inappropriately. There are many types of unsuitable sales that happen and many reasons that cause these sales to be inappropriate. The bottom line is if you feel you were deceived, you can be helped.

There is now a program at AnnuityMD.com that allows you to find out if you were deceived. If you feel like you were sold an unsuitable annuity, then it probably makes sense to go to AnnuityMD.com and see if there is recourse you can take.

Therefore, you may be entitled to receive your money back. Particularly if you were maliciously sold a bad annuity. And there is expert help to assist you in determining if that is the case.

Labels: Equity Index Annuities, fixed annuities, index annuities, unsuitable annuities, variable annuities

Annuities are not getting any easier to sell and that's a fact. There is not only increased competition in the market but regulators are trying hard to put more restrictions on how annuities are sold. Furthermore, there is more litigation these days directed towards both insurance companies and annuity agents.

With that said, I would like to mention something for annuity agents to think about. Do you know you are doing the right thing for your client? I mean, I am sure you THINK you are but do you really know? I have seen the lawsuits being filed and in many cases, the agents are misinformed.

Well, you don't have to be. At this very moment, there is a resource for consumers and agents to get their hands on....and guess what. At the moment I am writing this, it is being offered at no charge. It is a simple yet extremely powerful 98 page information filled document that sheds light on annuities in a way you've never seen before. This thing is loaded with great information on variable, fixed, and equity index annuities.

So no matter how good you think you are, I promise this is worth a look. So take a moment and go to AnnuityMD.com and get a copy of 'Annuities: The Shocking Truths Revealed'. You may be surprised at what you might learn!!!

Ignorance is NOT BLISS

Sincerely,

Tony Bahu
CEO
AnnuityMD.com

Labels: 2 tier annuities, annuity agents, annuity leads, annuity marketing, annuity training, index annuities, variable annuities