Friday, August 04, 2006

 

Equity Indexed Annuities Can Come Back To Bite You If Cash Needed

An elderly woman in my community learned not too long ago that she needed dentures. She had enough money to pay for the new teeth, but she discovered that her funds, while technically hers, couldn't be touched.

The bad guy in this pitiful case was an insurance company, which had capitalized on an ingenious way to make money off an easy mark.

Equity Indexed Annuities Can Come Back To Bite You If Cash Needed
Source: Insurance News Net

This page is powered by Blogger. Isn't yours?