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Your Online Guide » Guide to Insurance » Life Insurance Annuity

[I91]I Want You To Know
by Bill Broich, Bil
How are annuities safe and secure? What makes them stand out from other products?

The guarantee backing up annuities is very unique and diverse. It begins with the insurance company itself. While most of us and our prospects are aware of the rating systems in place to provide the strength of each individual company, many are not aware of one key aspect of safety when speaking of annuities.

Financial Backup: Every annuity issued in this country must be backed dollar for dollar by a secure and liquid asset. The majority of assets backing up each annuity are the safest possible asset, US Treasuries. US Treasuries are so safe they do not even require a credit rating attached to them, they are above that. Other assets backing the annuity may also be bonds of varying rating degrees with the majority being AA or higher.

Regulatory: To do business in any specific state requires a full financial review by the State Department of Insurance. The DOI will evaluate the company, approve the specific products and provide ongoing auditing of the companies finances and business practices. Safety and security is their motto and DOI enforce the rules and regulations to make the annuity industry the safest possible.

The Safety Net: Every annuity policy issued by commercial insurance companies falls under this protection. Each state has a different limit on the protection and it is smart to know your states' actual "present value" limit. This safety net is in place to protect the consumer in the event of insolvency of an insurer. In the event of a company unable to provide the promised benefits of an annuity, the State Guarantee Fund will step in and oversee the guarantee and make certain the annuity value is "safe and secure". There are two exception to this guarantee fund: insurance products issued by a fraternal organization (Knights of Columbus, Lutheran Associations as an example) are omitted from the guarantee. The other exemption is variable annuities issued as a security. (the assets are not at the insurance company but are held in specific securities).

Other financial products such as Bank Deposits allow for the publication of their guarantee program: FDIC. Federal Deposit Insurance Corporation. Notice of the FDIC guarantee is all over the bank including the front door. You know when you enter the bank your money is safe.

Insurance companies are not allowed to play by the same rules. It is illegal for an insurance agent to tell a prospect about the state guarantee fund until AFTER the annuity is purchased. While there is no good reason for this regulation it still is the regulation and must be followed.

In review, annuities are safe, backed dollar for dollar. Annuities are safe because of very strict regulatory rules imposed by state department of insurance. Annuities are safe because of the safety net, the state guarantee fund. A simple call to your state department of insurance will provide you with the limits of guarantee in your state of residence. Many DOI offer brochures explaining how it works and what products are covered and what products are exempted.

I am proud to sell annuities, boring, guaranteed and predictable products. With annuities you can sleep better and have no worry of exposure to loss.

If you have found yourself asking the question – is my man cheating? Then you probably have some strong suspicions or concerns that he is being unfaithful. As a guy, I am here to try and give you some insight to see what he does not want you to know. Guys cheat for all kinds of different reasons, they may do it because they don't feel as loved any more from you or they just may have an addiction to sex. I am here to give you some insider secrets.

The first secret is that many men will use the Internet to cheat. There are a ton of sites out there that look fine from all points of view, but dig a little deeper and you will find that it is a nice little covert way to set up a meeting with a stranger. Take for example the personals section in Craig's list. You can find anything that you want in any area. You can find women who want a one-night stand in your town or several towns over. You can find women that are married, single or involved. It is almost like a menu that you can choose from. If you notice Craig's list popping up on your computer then take a look at the pages that are being viewed as this may clue you in.

The second secret is to watch the women that he does not talk about. As a guy when we talk a lot about someone from work to our wives or girlfriends then there is usually nothing to hide. So the more we talk about someone the more you can feel comfortable that there is nothing going on. There is nothing to hide so guys are more open to talking about these women from work. When a woman is spoken very little about or even in a negative light then pay attention as it may be a sign of other things. The negative talk and little talk of her are to throw the scent off the trail. We think that the less we talk about them or badly we talk of them the more you will think that nothing is going on.

The third secret is to watch for a disinterest in sexual activity or intimacy. When a guy is attracted to someone else, messing around with them or thinking about it then our arousal around our women gets decreased. It is almost as if we have painted an unrealistic picture and put the other woman on a pedestal that sex with our current partner just does not cut it any more. Also, there is a guilt factor that comes in to play when he is sleeping with someone else. It makes it difficult when a guy thinks about the fact that he is fooling around on you. This guilt reveals itself in a variety of other ways.

If you have seen any of these secret signs or if you still have a strong suspicion that something is just not right then you need to listen to it. Don't let him make a fool out of you and don't let him get away with it. Keep note of his actions and you will be able to answer with the certainty the question – is my man cheating?

Article Source : Life Insurance Annuity

About Author
Both Bill Broich & Arvy Smith are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Bill Broich has sinced written about articles on various topics from Culture and Society, Marketing and Life Insurance Annuity. Bill Broich helps insurance agents grow their busineess with leads and marketing insight.
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