Ingrid M. Evans and Andy Friedman - 2009 Consumer Attorney of the Year finalists

death forfeiture surrender charge if cashed soon after purchase. That penalty left her with less money than she and her husband deposited in the annuity when they purchased it, when her husband was 75. Industry standards make clear that deferred annuities are inappropriate investments for people older than 65. Evans reviewed the annuity contract and found no sign of the forfeiture penalty, even though AIG claimed the penalty had been disclosed. A class of 750 elderly widows and ...
Author: ConsumerAttorneysCA; Tags: Evans


















