Should You Compare Annuity Quotes Before Buying?

Are you about to lock your life savings into an annuity contract recommended by your local bank or financial advisor? Stop! If you don't compare quotes across the entire market, there is a massive probability you are going to end up buying a "lemon!"

In this video, Shawn Plummer from The Annuity Expert gives a brutally honest breakdown of why you must always compare annuity quotes. The candid truth? Out of the 1,500+ contracts available on the market, there are significantly more garbage products than good ones! Shawn exposes the traps hidden in the financial industry: banks and credit unions only offer tiny menus of awful products, and financial advisors are often restricted to selling mediocre contracts (even from massive, highly-rated companies like Allianz).

Shawn also issues a massive warning about chasing yield with small MYGA (Multi-Year Guaranteed Annuity) companies. He names specific struggling carriers and warns against handing hundreds of thousands of dollars to insurance companies that literally only have 13 employees! If you want the highest income, the most upside, and the security of an A- or better rated company, you must bypass the captive advisors and use an Independent Annuity Broker to shop the entire nationwide market!

👉 Run your own math and compare your custom guaranteed income quotes right here: https://www.annuityexpertadvice.com/annuity-calculator-2/

👉 Compare today's highest-yielding Fixed Annuity (MYGA) rates here:

https://www.annuityexpertadvice.com/rates/annuity/fixed/

👉 Shop the top-rated Bonus Annuities here:

https://www.annuityexpertadvice.com/types-of-annuities/features/premium-bonuses/

⏱️ Video Chapters:

0:00 - Intro: Should I compare annuity quotes before buying an annuity?

0:21 - The brutal truth: Most annuity contracts are garbage!

0:53 - The Bank & Credit Union Trap (Limited product menus)

1:04 - Financial Advisors & The Allianz Example

1:23 - The MYGA Danger: Struggling carriers and 13-employee insurance companies

2:08 - The Commission Trap: Why you should avoid B-rated companies

2:46 - What you actually need to shop for (Income, upside, and A- ratings)

3:03 - Why you absolutely need an Independent Annuity Broker