Many
insurance
companies
and
national
banks
have
joined
forces
to
sell
annuities
to
bank
customers.
Some
of
these
annuity
sales
are
based
on
fraudulent
representations,
inducing
customers
to
purchase
a
product
that
will
not
perform
as
represented.
As a
result
of
recent
banking
deregulation,
banks
are
now
allowed
to
sell
insurance
products
to
their
customers,
and
in
some
instances,
banks
have
combined
with
insurance
companies
to
underwrite
these
products.
As a
result,
some
of
these
insurance
products
are
being
sold
based
on
blatant
misrepresentation,
especially
concerning
the
explanation
of
how
these
insurance
products
perform.
Did
you
purchase
an
"annuity"
from
your
bank?
Did
your
bank
tell
you
the
annuity
would
provide
a
"higher"
return
than
the
CD?
Were
misrepresentations
made
to
you? Do
you
have
a
COPY
of
your
paperwork?
Email
the
annuity
contract
to
randy@randalsford.com
or
complete
the
contact
form
for
assistance.
