With over 800 companies offering
life insurance and annuities trying to locate the single best option is overwhelming.
Not exact matches
It is a sales tool for Broker Dealer Reps lying, cheating,
and cutting every corner possible in order to get out of doing the actual hard work clients erroneously think they're performing, as they pretend to be financial planners; desperately
trying to meet their BD's sales quotas by peddling commission - based American Funds
and scaring investors into buying
life insurance company products (e.g.,
annuities).
The design flaw in
life annuities is that they
try to deliver
insurance and investment goals within the same instrument.
They're going to
try to sell you
life insurance company products - like whole
life insurance and annuities.
Annuity arbitrage
tries to accomplish the same goal with the simultaneous purchase of a
life insurance policy
and a single premium immediate
annuity (also known as a lifetime income
annuity) on the same person, but from different carriers.