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 Posted: Thu Mar 19, 2009 1:10 am Post subject: Annuity Contract |
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| Who has the best annuity contract for the customer and the agent? |
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oiuc812nbama
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Joined: 19 Mar 2009
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| Posted: Thu Mar 19, 2009 10:35 am Post subject: |
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The "BEST" is a subjective blanket charactererization.
What's best for the client is what's BEST for the agent AND the life insurance company.
The BEST annuity contracts have 3 winners and no $$LOSERS$$.
....and the WINNERS are:
#1, the client; 
#2, the agent; 
and of course,
#3, is a mathematical certainty, the life insurance company always wins. 
Why? 
 Because they are way above simple 4th grade math. 
P.S. Watch out for any Best charactererizations. After the failure of Kentucky Central Life Insurance Company following the failure of Executive Life Insurance Company, Best, rather than lower the rating on ALL other A+ Superior rated life insurance companies simply by way of Corporate Fiat created a new, bettter and improved "Best of the Best" designation of A++....and now you know:
The rest of the story.
So go out and try to do your best.
Shoot for the moon....cause even if you miss you'll land amoung the stars UNLESS you run out of rocket fuel. Then you'll crash and burn just like Primerica owned by Citigroup or was it Massachusettes Indemnity and Life Insurance Company who "at best" is/was a "B" rated company pumped by A. L. Williams?
T'ain't it gr8!
Buy EXPENSIVE term and invest the difference in our LOADED mutual funds.
When those MFs fail simply either refinance the equity out of your home OR take out a tax deductible Home Equity Line of Credit OR go for a no documentation 125% loan to value loan LOAN, then have the "lender" buy Private Mortgage Insurance (PMI) from AIG with your money, technically called a Credit Default Swap.
That means if the HIGH RISK borrower doesn't pay back his loan ALL the investors of the "Mortgage Backed UN-secure securites are protected because the largest Property and Casualty company in the world, who is TOO BIG TOO FAIL...will pay the claim.
Citigroup through their incestuous affiliations allowed by the Financial Servies Modernization BAD Act that nobody read and signed into law on November 12th 1999, wrote a boat load of this type business with their Primerica agents and their MF and brokerage business.
Well, THAT was the theory and as it hockey puck and looked on paper OR was it plastic?
Sorry for the long winded rant.
Now go take on the day.
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Gary Spicuzza, *SAFE
Copyright 1956.
No Rights Reserved.
*Self Appointed Financial Expert |
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GarySpicuzza
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Location: West Pasco County, FL
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| Posted: Thu Mar 19, 2009 6:06 pm Post subject: |
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| Lol. Wow! Didn't mean to set you off |
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oiuc812nbama
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Joined: 19 Mar 2009
Posts: 8
4.06 Dollars($)
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| Posted: Thu Mar 19, 2009 8:26 pm Post subject: |
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That's me...
 I'm known for having an inappropriate response to a non-event. 
Sorry, they are just words and nobody reads these things anyway.
But, it’s therapeutic for me to express in type written words just in CASE someone NEEDS evidence.
AND, I have never denied that I AM a legend in my own mind.
Best regards,
_________________
Gary Spicuzza, *SAFE
Copyright 1956.
No Rights Reserved.
*Self Appointed Financial Expert |
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GarySpicuzza
Forum Expert
Joined: 03 Apr 2008
Posts: 959
Location: West Pasco County, FL
242.78 Dollars($)
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| Posted: Thu Mar 19, 2009 11:34 pm Post subject: |
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| Try cutin back on the caffeine and going for a jog instead. lol. Every lil thing gonna be aight |
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oiuc812nbama
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Joined: 19 Mar 2009
Posts: 8
4.06 Dollars($)
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| Posted: Sun Mar 22, 2009 1:26 am Post subject: |
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Shoot for the moon....cause even if you miss you'll land amoung the stars UNLESS you run out of rocket fuel.
Gary can I use this? Too funny..guess I'm a nobody.
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Wonderer
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| Posted: Sun Mar 22, 2009 3:19 pm Post subject: Great Rant |
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Wow Gary, we keep being told it's Bush's fault. Also Cuomo, Clinton's Hud guy, constantly bragged about agreements with the banks for billions of money for sub-prime mortgages. Then there's Barney & Dodd, since 2001, "there's no problem with Fannie & Freddie"...all the while cooking the books for their executive and retention bonuses. But, congress questions everyone but themselves. Meanwhile, Frank Raines seems to be keeping all his ill-gotten money.
Good to hear your rant, though it might be above some posters on here.
Keep on ranting!
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