|
 |
 |
Jury Awarded a Large Verdict Against North American Company for Life and Health in an Annuities Fra by Ingrid Evans
 |
|
 |
Jury Awarded a Large Verdict Against North American Company for Life and Health in an Annuities Fra by INGRID EVANS
|
 |
Article Posted: 10/18/2013 |
Article Views: 986 |
Articles Written: 33 - MORE ARTICLES FROM THIS AUTHOR |
Word Count: 203 |
Article Votes: 0 |
|
Jury Awarded a Large Verdict Against North American Company for Life and Health in an Annuities Fra |
|
|
|
Current Affairs,Law,Seniors
|
 |
A California senior citizen was awarded a large verdict in 2008 in an annuities fraud lawsuit against North American Company for Life and Health. It was alleged that North American Company for Life and Health induced the senior citizen into purchasing a deferred annuity that he would never collect on. In this case, the senior citizen was sold a deferred annuity at the age of 82. At that time he had Alzheimer’s and dementia and was living at an assisted living facility. When the broker sold him the North American Company for Life and Health deferred annuity, it was alleged that he never told the senior citizen that the policy would not mature until he was 97 years old. . Deferred Annuity fraud attorneys warn the public to read annuities contracts carefully. If you have any concerns, contact attorneys at Evans Law Firm, Inc. for a free evaluation of your rights. In this case, the deferred annuity sold to the senior citizen had large surrender penalties. Surrender penalties are paid when funds are withdrawn from an annuity before the maturity date. In this case, the funds would have been tied up for longer than the life expectancy of the senior citizen.
Related Articles -
annuities, fraud,
|
Rate This Article |
|
 |
|
Do you Agree or Disagree? Have a Comment? POST IT!
Reader Opinions |
|
 |
|
|
|
 |
 |
 |
Author Login |
|
 |
Advertiser Login
ADVERTISE HERE NOW!
Limited Time $60 Offer!
90 Days-1.5 Million Views

 |
 |
TIM FAY
After 60-plus years of living, I am just trying to pass down some of the information that I have lea...more
|
 |
 |
 |
 |
LAURA JEEVES
At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
|
 |
 |
 |
 |
ALEX BELSEY
I am the editor of QUAY Magazine, a B2B publication based in the South West of the UK. I am also the...more
|
 |
 |
 |
 |
STEPHEN BYE
Stephen Bye is a fiction writer. His most recent novels are a 5-book “The Developer” series which be...more
|
 |
 |
 |
 |
PAUL PHILIPS
For more articles, blog messages & videos and a free e-book download go to www.NewParadigm.ws your p...more
|
 |
 |
 |
 |
LEVAL AINAH
I am an internet marketer and also an educator. My goal is to help others who are looking to improve...more
|
 |
 |
 |
 |
GENE MYERS
Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
|
 |
 |
 |
 |
ADRIAN JOELE
I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more
|
 |
 |
 |
 |
MICHAEL BRESCIANI
Rev Bresciani is the author of two Christian books. One book is an important and concisely written b...more
|
 |
 |
|