Talk of The Villages Florida - View Single Post - Annunities
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Old 08-28-2021, 05:59 AM
Eg_cruz Eg_cruz is offline
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Quote:
Originally Posted by retiredguy123 View Post
Did you get the annuity contract before or after you provided the money? I have discussed annuities in great detail with several annuity salespeople, and every one of them told me that they will not allow a potential customer to read the contract until after they have invested in it. You pay the money first, then you get the contract to sign, and then you have 30 days to cancel the contract and request a refund. When I have told them that I would like to review the contract to advise a friend before investing, they get angry, and will not discuss anything further. I could never recommend that someone transfer a large amount of money into an investment contract without being able to review the contract in advance. I am just curious if that is the way you purchased an annuity or was the process different.
That is simply not true. You can get a sample policy from any company……..I think you have been dealing with the wrong agents for sure
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