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February 26, 2010
Annuity-Law
             
 
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Welcome to Kansas Annuity Lawyers.com

 

 
Did You Know?    
 
 
Variable annuities are not suitable for meeting short-term goals
Remember: Variable annuities are designed to be long-term investments, to meet retirement and other long-range goals. Variable annuities are not suitable for meeting short-term goals because substantial taxes and insurance company charges may apply if you withdraw your money early. Variable annuities also involve investment risks, just as mutual funds do.

 



Our Kansas Annuity Lawyers are lawyers who specialize in the field of Annuity Law and other White-Collar crimes.

An annuity is an annual sum paid from a policy or gift. Annuity is short for a purchased annuity policy, which will pay dividends to its owner over a fixed period of time, or for life. Annuities are detailed contracts between you and an insurance company.

There are two kinds of annuities: Immediate Annuities and Deferred Annuities. Immediate Annuities are transacted by giving the insurance company money and the company promises to make immediate regular payments to you over your lifetime. Deferred Annuities allow your money to grow or accumulate through tax-deferred interest accumulation over a period of time before the insurance company begins paying you.

Sadly, annuities fraud is one of the most common white-collar crimes committed by criminals.

There are many different ways a criminal can commit annuities fraud, including:

  • Client Manipulation
  • Providing False Information
  • Lying to Auditors
  • Unauthorized Transactions
  • Breach of Fiduciary Duty
  • Broker Embezzlement

If you or anyone you know needs an attorney specializing in Kansas Annuities Law, or any related topic, contact us now and receive a free case review.

Contact our Kansas Annuity lawyer today and get a free consultation!

 
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Companies with Variable Annuity License
KANSAS CITY. MO. 641416052. 65536. VA. GE LIFE AND ANNUITY. ASSURANCE COMPANY. 6610 WEST BROAD ST. RICHMOND. VA. 232301702. 63665. MO. GENERAL AMERIC
Life and Health Licensed Companies
ANNUITY INSURANCE COMPANY. PO BOX 410288. KANSAS CITY MO. 64141. 34. 61301. AMERITAS LIFE INSURANCE. CORP. PO BOX 81889. LINCOLN ...

 


  Newsroom  
 


Latest news about Annuity cases in Kansas and nationwide:

Treasury and IRS Issue Guidance on Source of Income
Certain payments received under an annuity contract and amounts withdrawn from the cash value of a life insurance contract give rise to inco...
Read more >


SEC Brings First Enforcement Action Against Insurance Companies for Permitting Market Timing of Mutual Funds
The insurance companies have agreed to settlements that include a total payment of $20 million in disgorgement and penalties as well as undertaking...
Read more >


More Annuity News >

 
 

Annuity Lawyers.com Terms

 


Today's Terms

Conversion

Definition:
The exchange of group insurance for insurance under an individual policy purchased from a private insurance company approved by the Office of Personnel Management.

Option C

Definition:
Coverage, to insure your spouse and eligible child(ren), that you can elect in addition to Basic insurance. You can elect up to 5 multiples of the coverage amounts (each multiple equals $5,000 for a spouse and $2,500 for an eligible child). Also called family optional insurance.

Automatic Cancellation of Waiver

Definition:
The automatic entitlement to Basic insurance and ability to elect Optional insurance if you are reinstated after a break in service of at least 180 days.

More Annuity Lawyers.com Terms >

 

Annuity Law Resources

 


Search Annuity Law resources in our resource center:

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Annuity Law Hot Topics

 
Topics Related to Annuity:

  • Client Manipulation
  • Providing False Information
  • Lying to Auditors
  • Unauthorized Transactions
  • Breach of Fiduciary Duty
  • Broker Embezzlement

More Annuity Law Topics >

Kansas Annuity-Law Attorney

 
If you live in the following cities and need an Annuity-Law attorney you should contact our Annuity-Law Attorney as soon as possible:

  • Derby
  • Dodge City
  • Emporia
  • Garden City
  • Hays
  • Hutchinson
  • Junction City
  • Kansas City
  • Lawrence
  • Leavenworth
  • Lenexa
  • Liberal
  • Manhattan
  • Newton
  • Olathe
  • Overland Park
  • Pittsburg
  • Prairie Village
  • Salina
  • Shawnee
  • Topeka
  • Wichita


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