Talk of The Villages Florida - View Single Post - Do financial advisors act in their clients' best interests?
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Old 10-03-2024, 04:51 PM
Eg_cruz Eg_cruz is offline
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Quote:
Originally Posted by retiredguy123 View Post
If you are correct, why can't the annuity salesperson tell you that you are buying an annuity, and why can't they give you a copy of the annuity contract before you give them your money? I learned a long time ago that you should never agree to a contract until you read it.

Have you seen the TV commercials where Ty Young is selling annuities? He is selling annuities, but he never says the word "annuity" in the entire commercial.
They can get a copy of a policy and there is no way you can buy annuity without you knowing, you have to sign a 20 page application. If you’re signing an application and you have no clue that that’s in Annuity I don’t know what to say there.
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