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#1 |
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Greenhorn
Join Date: Jul 2006
Posts: 18
Rep Power: 0 ![]() |
What does it mean when I receive a letter from an insurance company that says I'm entitled to annuity payments
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#2 |
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Greenhorn
Join Date: Jul 2006
Posts: 17
Rep Power: 0 ![]() |
Probably just junk mail
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#3 |
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Greenhorn
Join Date: Jul 2006
Posts: 27
Rep Power: 5 ![]() |
Well, you need to look them up on the internet, and call their number. If they did not reference the person you "inherited" the annuity from, they're probably fishing for personal info to steal your identity - unless there was a heck of a lot of personal info in the letter to start with.
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#4 |
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Greenhorn
Join Date: Jul 2006
Posts: 17
Rep Power: 0 ![]() |
Read carefully. Its probably a sales pitch. Annuities are investment products sold by insurance companies.
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#5 |
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Piggy Bank
Join Date: Jul 2006
Posts: 51
Rep Power: 5 ![]() |
it is possible you get a bonus from the polis you have from the insurance company.
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#6 |
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Greenhorn
Join Date: Jul 2006
Posts: 17
Rep Power: 0 ![]() |
Annuity payments are recurring payments that last for several years or for life. Insurance companies agree to make these payments in return for large initial investments, usually as part of retirement plans. If you have previously done business with this company, call and ask for them what the letter means. If not, the persons who suspect fraud or marketing may have a point, so proceed with extreme caution.
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