Annuity Marketing Basics

Video Transcript

This is financial adviser Patrick Munro today talking to you about annuity marketing basics. As a consumer you're impounded with a lot of marketing messages all throughout life. Annuities are no different. What you should do is make sure you work with a licensed professional that will once he has a full fact finder and has taken a lot time, care and attention to look into your affairs, he will use approved marketing pieces from a compliant insurance company. The government has looked at all the compliant pieces of these insurance companies are about to give you, make sure you read the annuity marketing piece throughout. There are various disclaimers that you should pay attention to although annuities especially of the fixed nature you cannot lose principle. You'll also receive a statement of understanding with your consumer brochure and a statement of understanding will also talk about the various moving parts in your annuity. Just like the form says, statement of understanding is very key and if you have any questions after reading these materials, talk to your licensed professional and make sure that your questions get answered before you part with your money. This is financial adviser Patrick Munro talking about annuity marketing pieces.

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