• Categories

  • Pages

  • Tags

  • Archives

  • Meta

  • If I buy an annuity for 1 million, how much goes to the agent?

    Posted by admin on June 30th, 2009 and filed under Buy Annuities | 3 Comments »


    Too much…

    Annuities and Whole/Universal Life insurance policies are the absolute BIGGEST ripoff there are out there. They serve no purpose but to make the company that sells them a TON of money….

    Avoid them by buying a million dollar TERM insurance policy, and investing the difference. if you start this at 25 yrs old, you’ll end up with 4X the amount of thet "whole" policy IN CASH..,..

    3 Responses

    1. Ryan M Says:

      Kind of depends on how much the CONTRACT says goes to the agent. There is no LAW that states that they MUST get XX% and them getting ANY less or more is illegal.
      References :

    2. David L Says:

      If you use go with Fidelty, about .35% so for 1 million it would cost you about $3500

      http://personal.fidelity.com/products/annuities/fili_compare_chart.shtml.cvsr?refpr=annuover07

      If you would like to learn how to make even more money with minimal work I suggest that you sign up for this FREE course, it has helped me and if you are willing to learn it can help you to.

      http://shoemoney.go2jump.org/aff_c?offer_id=2&account_id=30
      References :
      http://shoemoney.go2jump.org/aff_c?offer_id=2&account_id=30

    3. Wee_Willie_Winkie Says:

      Too much…

      Annuities and Whole/Universal Life insurance policies are the absolute BIGGEST ripoff there are out there. They serve no purpose but to make the company that sells them a TON of money….

      Avoid them by buying a million dollar TERM insurance policy, and investing the difference. if you start this at 25 yrs old, you’ll end up with 4X the amount of thet "whole" policy IN CASH..,..
      References :

    Leave a Comment

    Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.