Here's some important information about Equity Indexed Annuities (or Indexed Annuities) that you won't hear from Shannon Nelson, Jonathan Young, Kelly Dachlter...and the rest of the crew being sued for fraud!
Left: Jonathan Young
We found this cryptic tweet from Jonathan Young, American Senior Benefits' Senior Partner. Young's bio includes this boast: "Mr. Young qualified as a President’s Honor Circle member, ranking him in the top 1 percent of insurance agents in the nation." Bankers Life, the company presently suing Young for fraud and other charges, does indeed have a President's Honor Circle, but we're certain that the only circle Young's a part of is the ninth and final circle of Hell.
Pay close attention to the "Americo EIA" in the following tweet:
Americo EIA for 3162 comm, 55k prem shark and señor ref weXsell
To this day... I still meet with people who bring me their Bankers Life index-based annuity contracts and have absolutely no idea what it is. Those older Bankers Life EIA's were pretty simple in comparison to those offered by Shannon Nelson and the others over at American Senior Benefits in Traverse City. I will admit that an EIA can have its place but never in the manner that Shannon Nelson's crew sells them. they are overly complex insurance annuity contracts to begin with and why on earth would anyone want to deal with such huge surrender charges? The bigger point is that the selling style (errr, I mean it isn't so much a selling style as it is a slickly persuasive David Blain trick) of those insurance agents guided by the egomaniac Shannon Nelson, formerly of Bankers Life and Casualty, now with American Senior Benefits, actually HURT people. Seek out ex-Bankers agents and current felons (really) Margaret Zimmerman, Jonathon Brzezinski, Gary Singer or any of the other too-numerous to list agents who used to work under Shannnon Nelson and crew. These aforementioned felons and other current agents like Jonathon Young sure can sell the pants off folks. Too bad that the folks being "sold" maight just be your parents or grandparents.
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