Equity Indexed Annuities Exposed: What The Insurance Companies Hope You Don’t Know

Equity Indexed Annuities Exposed: What The Insurance Companies Hope You Don’t Know

Equity Indexed Annuities Exposed: What The Insurance Companies Hope You Don’t Know

The dangers associated with investing in equity indexed annuities . . . don’t make this Mistake! I will be using examples from the Allianz Master Dex X, but I am just as opposed to those offered by Aviva, American Equity, Jackson National, ING, Lincoln National, Midland National and North American Company.

I hear from people virtually every DAY asking me about these products because they sound so good. What I’m going to share with you regarding equity indexed annuities like the Allianz Master Dex X in this blog will allow you see why equity indexed annuities may not do what you expect them to.

The information in this blog may literally prevent you from making the biggest financial mistake of your life.

Don’t think that I’m against equity indexed annuities like the Allianz Master Dex X or those offered by companies like Aviva, American Equity, Jackson National, ING, Lincoln National, Midland National and North American Company because I can’t sell them to my clients.

That’s not true. I have an insurance license and can sell equity indexed annuities.

And keep THIS in mind. I’ve been in this industry almost 15 years. If there is an investment out there—anywhere—that will help my clients then I want to know about it. If equity indexed annuities worked the way most people think they do THEN I WOULD BE THE FIRST ONE recommending them to my clients.

The problem is that when I did an in-depth analysis of these highly complex contracts, I discovered that how they really work is considerably different from what buyers expect. Most agents don’t take the time to do the in-depth research I do on these products.

They just accept what the insurance company tells them, see the huge commission they can get and decide they’re perfect for their clients.

Today I’m going to reveal what the insurance companies don’t want you to know. I’m not going to compare advantages and disadvantages of equity indexed annuities because I’m sure you’ve already heard the sales pitch on what makes these so great. I’m going to give you the case AGAINST these products because the person that’s selling you one won’t.

You may come away thinking that the insurance companies offering equity indexed annuities are trying to take advantage of you. But I want to be very clear here—the insurance companies AREN’T doing ANYTHING illegal. They aren’t breaking any laws.

All of the information I’m going to share with you is available in their sales literature and the related disclosure documents. Just because they ‘disclose’ the information doesn’t mean that someone is going to understand what they mean and how it affects them.

And that’s why so many investors get duped into turning over their life’s savings for a product that most likely won’t deliver anything like what they expect.

.

About the Author

3 Comments

  • Mary King October 2, 2014 at 6:02 pm

    Looking forward to reading your comments about Allianz MasterDex X Annuity.

    Thanks,
    Mary

  • Martha Herbert December 1, 2015 at 4:00 am

    Need information about American equity
    Thank you.

    • Jeffrey Voudrie December 2, 2015 at 7:29 pm

      Hi Martha, you can contact me directly by email with any questions that you have.

      My email address is jeff@commonsenseadvisors.com

      I look forward to hearing from you!

Leave a Reply

CAPTCHA