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Annuity Scams

The Minnesota Department of Commerce has fined an insurance company for selling annuities with exorbitant surrender charges.

High surrender charges are never in the best interests of a client and the annuity product itself must be proven suitable for a specific individual’s needs.

At Annuity Straight Talk, we have put in place a system of checks and balances so a potential investor can easily differentiate between good and bad contracts.

Read the release here.