Annuities advertised on television?

shooter

Guru
100+ Post Club
I have noticed a trend with annuities being advertised on television and being sold via phone
or facetime to the consumer.
Is this the next trend in insurance?
First, we had term insurance being marketed through radio, and television followed by Medicare
Advantage, then Final Expense.

I know stockbrokers have sold over the phone for years, but will senior citizens buy this way,
in most cases with their life savings?
If so, how long before all insurance products will be sold direct, by the companies to consumers?

Side note, I have also noticed a lot of ads for part time agents on Facebook.
Most stating insurance, a great part time gig. Then listing groups such as
teachers, fireman, veterans, etc. to apply.
I believe all this will combine for one large mess, and more calls for government to
do something to protect consumers.

Shooter
 
First of all, you can’t sell someone an annuity with their “life savings “ because it wouldn’t meet the suitability requirements. Second they’re not sold via phone. They’re sold via zoom and many agents are having extremely high success rates doing business this way. Youre speaking as though the internet and platforms like zoom are a new invention. Instead of being so intimidated maybe you should learn to use technology.
 

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