Talk of The Villages Florida - View Single Post - Do financial advisors act in their clients' best interests?
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Old 10-04-2024, 06:43 AM
retiredguy123 retiredguy123 is offline
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Quote:
Originally Posted by Nevinator View Post
Because an annuity is ultimately an insurance product, at some point the buyer will receive the contract and they should read it before signing and sending back to the insurance company. By the way, all annuities come with a free-look period, if I remember correctly, it runs about 21 days.
As I understand it, the free-look period starts after you have paid the money to the advisor. It should be before you pay the money.