When Getting Financial Advice, Don't Be Fooled By Impressive ...
Qualifications, to sell annuities to seniors. Thousands of financial advisors market themselves as trained to provide advice to seniors, using authoritative titles like "certified senior advisor" or "certified retirement counselor." ... View Full Source
What Seniors Need To Know About Annuities
For a follow-up visit to sell insurance . The agent or broker should state all of the following information: What Seniors Need to Know About Annuities Talk to us Do you have a question, comment or concern? There are several ways to talk to us: ... Content Retrieval
The Annuity Conundrum: Responding To The Abuse Of Elderly ...
To use to sell deferred annuities to seniors. In some cases, insurance companies formulate their sales practices and procedures in such a way that their practices no longer adhere to the statutory obligations required for selling deferred annuities to seniors. ... Doc Retrieval
Annuities And Senior Citizens
In order to sell annuities in your state, companies and agents must be licensed. To confirm the credibility of a company or agent, contact your state insurance . department. • Check the company's credit rating. Annuities&Seniors.pub Author: cfong ... Fetch Doc
Annuity Senior Market - California Department Of Insurance
Life agents who sell annuity products must first complete eight (8) Be able to identify areas of concern to seniors Understand investment concerns of seniors. Be aware of annuities and other financial products available to seniors such as Medicare, Long Term Care, annuities, life insurance etc. ... Access Content
Seniors Should Think Twice Before Buying An Annuity
Unsolicited offers like the one you received are an attempt to sell you something. Seniors are being bombarded Annuities are frequently marketed to seniors using these methods. If you’re considering buying an annuity, it pays to do your homework and comparison shop. ... Retrieve Doc
Of MediCare Part D as a pretext to sell annuities to seniors. (See Appendix B.) Based on the response to the Commissioner’s letter (Appendix A), the Commissioner’s Special Counsel followed up by making an informal request to companies selling annuities ... Retrieve Full Source
The Fight Against Inappropriate Annuities For Seniors And How ...
The Fight Against Inappropriate Annuities for Seniors and How Elder Law Attorneys Can Help "encourage agents to sell inappropriate deferred annuities to seniors by offering enormous sales incentives, commissions, and other promotions in order to maintain or increase market ... Get Document
1 M ICH AE L .O ND,St AeBr O111830
Seniors to sell annuities, including the sale of annuities through Defendant American Equity. 52. On September 16, 2004, the California Department of Insurance issued a cease and desist order against Mr. Paul Noe for improperly acting as a sales agent without proper licensure. ... Get Doc
Testimony Of Sandy Praeger, Kansas Insurance Commissioner And ...
Producers and insurers sell suitable products. 1. Insurance Commissioners across the country closely examine the background and training of all those unacceptable conduct are not selling insurance and annuities to our seniors and to other residents of our ... Read Content
Producer Advisory
Individual Annuities From: Diane Hodgman, ChFC Compliance Analyst, Individual Annuities State: Florida Rule: 69B-162.011 On December 25, Florida annuity producers will be required to use two new forms when they sell annuities to seniors. ... Read More
LERACH COUGHLIN STOIA GELLER RUDMAN & ROBBINS LLP
Market and sell deferred annuities to seniors by means of false pretenses, misrepresentations, promises and/or omissions. The materials include, but are not limited to: advertisements, deferred ... Read Content
Ethics - The American College
Annuities to seniors. In one of its alerts the NASD stated the following: The marketing efforts used by some an example: “Sell Annuities to Seniors Who Don’t Have Money! Most Have Equity in their Homes. Help Your ... Read More
ANNUITIES AND SENIORS- OFTEN A COSTLY MISTAKE Written By Jan ...
The commission paid to sales agents who sell annuities are some of the highest commissions paid for financial products. Sometimes that high commission influences the sales agent. Microsoft Word - ARTICLE - ANNUITIES AND SENIORS Author: ... View Doc
SUPERIOR COURT OF THE STATE OF CALIFORNIA COUNTY OF SANTA ...
Purpose is to sell seniors annuities.1 (f)2 3 questionnaire purporting to evaluate defendants’ presentatio 4 5 be made and the assets of seniors ascertained.6 (h)7 8 benefits and assessing their estate planning needs. 9 10 services ... Fetch Here
FLORIDA TIGHTENS LAWS ON SUITABILITY OF ANNUITY SALES TO SENIORS
Persons licensed to solicit or sell life insurance in Florida on and after January 1, 2009, must complete a minimum of three hours continuing education in life insurance and annuity grounds” for recommending annuities to seniors, with an objective standard. The former law ... Return Doc
