Friday, January 06, 2006
Well, often times the agents don't inform their clients neither. Below is a disclaimer on the bottom of an advertisement sent to agents from an insurance company. Yes, the bonus does cost something. And you had better be aware of that when you purchase one. If your agent isn't telling you this, you need to fire him. Remember, knowledge is power.
Bonus annuities like those described above may include annuitization requirements, longer vesting / surrender periods, lower caps, or other restrictions that are not included in similar annuities that don't offer a premium bonus feature.
Don't say we never told you. For more on 'Shocking Secrets About Your Annuity', please visit http://www.AnnuityMD.com