The Free Annuity Report

Posted on August 14th, 2008 by by Tony B.

AnnuityMD.com today released its copy of ‘Annuities: The Warning Report.’ This is a Free Annuity Report designed to make consumers aware of the warnings they need to heed when being sold an annuity.

It is a definite read for anyone looking at or considering annuities.

This free report can be obtained by going to http://www.AnnuityMD.com/freeannuityreport.html

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Annuities-The Warning Report

Posted on August 14th, 2008 by by Tony B.

AnnuityMD.com introduces the ‘Annuities: The Warning Report’

AnnuityMD.com recently released its new free report on annuities titles ‘Annuities: The Warning Report.’ This report is a document introducing consumers to 7 warnings they need to pay attention to when purchasing annuities.

It is no secret that there are many areas of annuities that consumers need to be aware of. Furthermore, consumers need to be aware of their agent’s intentions and why an agent would recommend an annuity. Furthermore, their are particular aspects of annuities that are not so obvious to consumers. This includes the way they work, the benefits they offer, and many other similar things.

The report offers consumers an insight into some of the things they need to be careful and aware of when purchasing annuities. Furthermore, it reveals a possible insight into why an agent or their longstanding broker may go about recommending an annuity.

For any consumer, this report can be of great benefit. Furthemore, it can be a benefit to consumers who already are annuity owners. It can offer insight and assistance to those people to allow them to either confirm their suspicions or put them to rest.

The bottom line is that, the report on annuities is a necessity for anyone who is considering annuities. And best of all, it is a free report. So for anyone who knows anyone buying or considering annuities, this is a great resource.

The Free Annuity Report can be obtained by going to http://www.AnnuityMD.com/freeannuityreport.html.

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Annuities-The Biggest Problems Part 3

Posted on August 8th, 2008 by by Tony B.

Ok…so here it is. Problem #3 of the Annuities Biggest Problems Series. Annuity agents are not held accountable enough for the sale they make to you. Let me tell you what I mean.

Agents get paid handsomely for selling you an annuity as we mentioned before. And they typically get paid ONCE. There are different payout options and some annuities that pay agents once per year (much less than a one time upfront payout) but for the most part, agents get paid one time handsomely up front.
Why is that important? Because, where is the incentive to KEEP helping you? Your agent doesn’t have an incentive (other than getting more of your money later) to keep helping you. Once you’re fully invested, there’s no financial motivation to keep helping you. And if you’re in a long term annuity, you may never see your agent again.

Now, does this mean that most agents do take off after the sale for you to never see them again? No, not necessarily. All I am saying is that there is really no reason for them to hang around helping you. After all, they are not going to get paid again unless you buy another annuity or something else the agent is selling.

I think that needs to change. An agent should be paid a smaller up front commission and paid over time while you are riding out your surrender charge. Now, that would do a couple things. Number one, it would keep them accountable knowing that they would not get their full commission unless you stayed in the product. Number two, it would probably make them more conscious and aware of what they were selling you. Why? Because the pay would depend on maintaining a relationship.

Furthermore, the insurance companies should make this change to pay the agents over time. It would hold their agents more accountable. Sure, you can find some arguments against this but I guarantee it would do more good than harm when it comes to annuities.

I hope this helps and for more information, please visit us at http://www.AnnuityMD.com.

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