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May 18, 2007 5:46 pm

[quote=joedabrkr]
Yes there has been some negative coverage, but
not for their VA’s…for their EIA’s.  This only reinforces my
negative outlook on the product.
[/quote]



And if John Edwards is president, get ready for a storm of lawsuits about the suitablity of EIA’s.

May 18, 2007 5:51 pm

John Edwards as President?

Doesn't that belong under Weekend Jokes thrread?

May 18, 2007 9:23 pm

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

May 20, 2007 9:01 pm

EIA’s are only bad when marketed inappropriately.

I work for a wire and also happen to cover 5 bank branches.  I have sold EIA’s.  The only time I ever sell them is if the client is stuck on buying a fixed annuity.  The EIA that I have used is through Jefferson Pilot/Lincoln National (very reputable insurance company) and has surrender periods of 6 or 8 years.  They also provide a guaranteed fixed rate, which is competitive with other fixed annuity rates. 

If someone is absolutely dead set on buying a fixed annuity there is absolutely nothing wrong with this product.  Period. 

Frankly, I dislike all fixed annuity products, but if a prospects demands them it is my job to find the best. 

May 21, 2007 1:05 am

[quote=AllREIT] [quote=joedabrkr]
Yes there has been some negative coverage, but not for their VA's...for their EIA's.  This only reinforces my negative outlook on the product.
[/quote]

And if John Edwards is president, get ready for a storm of lawsuits about the suitablity of EIA's.
[/quote]

I heard about an abortion that survived...I didn't know that it was you.