Insurance

• High Fees and Expenses
• The Hard Sell
• Complexity
• Lack of Good Information
• Loss of Control
• Liquidity Constraints
• Bequest Constraints
• Credit Risk
• Misrepresentation

• Probate Avoidance
• Financial Legacy and Bequest Motives
• Asset Protection
• Suitability
• Interest Rates
• Guaranteed Death Benefits

All annuities involve payments from an insurance company to you.  With some annuities the payments are fixed, and with other annuities the payments are variable.  Assuming that you purchase an annuity from an insurance company in the United States, you will receive payments in U.S. dollars.

The following list provides links to some of the key terms discussed in this chapter on

Expenses should be a top priority for any financial services consumer.  Many people have been conditioned to be aware of expenses when it comes to investment products.  Indexed-bases investment management companies such as