Annuity Free Look Period - YouTube

Hey, internet land, Stan the annuity man here. America's annuity agent. License in

all 50 states. I do sell a ton of annuities but i'm an educator and that's

why you're here. You asked the question about annuity free look period. I'm going to

quickly answer it which is it depends on your state but it's typically anywhere

from 10 to 30 days. You hang in there with me. I'm going to tell you how to

get my books for free. I won't even show up at your doorstep or call you. I'll

just send them to you because I'm just a nice guy. But hang in there with me. I'm

going to go into a little bit more depth, give you the website and all that stuff.

But right now, you're getting ready to hear a really good music intro - -

Alright, so this guy calls me other day and he goes, "Hey Stan, I'm not sure I

really want this annuity and I think is by an immediate annuity which is a

pension annuity." First of all, I said, "Hey, if you're not sure, don't buy." - "Because no,

no, no my wife wants me to get it because it's a pension annuity. I'm just

hesitant." And here's what I told him. Annuities are the only product on the

planet that allow you to test-drive it, own it, get the policy, have the policy

delivered to you. The policies in force and you don't have to give any reason

you get your money back. I believe and he was stunned by that and he actually did

that. And long story short, he kept the policy because he read the policy, etc.

But annuities are the only financial product on the planet that allow you to

get the policy. The policy is enforced and you don't have to give a reason at

all you just call the carrier up or call me up and say, "No, I want to do any more

things do change. I want my money back." And you will get your money back in full.

That's a pretty darn good deal and nobody can tell you that. Try that with

your mutual fund guy, by the mutual fund and see if you can get your money back.

No, with all annuity types, there's a free look period. So, let's get down and

dirty on how you find out the free look period for your state.

Alright, trustee pin and my director who's behind the cameras yelling at me.

"Stan please use the thick part of it."I mean I'm trying to see, there's a

thin and the thick. Use the thick part, Stan. Okay, whatever. Here we go. So where

do you go to find out about the state guaranty fund? Let's go back a little bit.

Annuities, fixed annuities are regulated at the state level. So each state has

their own rule for their free look period. So let's... Okay, I'm going to do this

thick, right? Free, look, period. F-L-P. Here's the website. I'm going to

do this for you. www.- Frankly, you know that already. NOLHGA.com. Nancy, Oscar,

Larry, Harry, Gary, Apple, right? Go there. That's the National Association of Life

and Health Guarantee Association,something like that. But if you go to

that, they'll have a drop-down that you can pull your state where you reside,

your residence and then under, they'll pull up your state

website. You'll hit frequently asked questions and then there'll be a litany

of questions. You know how much is protected - blah, blah. And there you will

find out the free look time period. Typically, like I said, depending on your

state and I'm licensed in all 50 states because I love all 50 states. I'm an

American. I love America because I'm America's annuity agent, right? You're

going to find out what the time period is. It's typically 10 to 30 days and

that time period, that clock starts ticking the day that policy's delivered

to you including weekends. It's not like some workday thing. So, my advice to you

if you buy an annuity, whether it's from Stan the Annuity man and hopefully. Best

decision you'll ever make because we'll love on you. We love our clients. We take

care of you. But when you get the policy, you can either call me and say, "Explain

this." Or you can call the carrier direct and circumvent that agent and say, "Alright,

I've got the policy. I bought the policy. I'm under the free-look time

period. Explain this, explain this, explain this." And if it doesn't jibe with what

you want or what was told to you then get your money back. How about that?

That's a good deal. I mean, why doesn't everybody have a free look period?

Obviously, there's some common sense answers to that. But I really think it's

set annuities apart. Now, somehow in the world of I hate all annuities and

annuities all stink and annuities are expensive and I hate Stan. I hate

everything about annuities, right? It's tough to argue against the free look

period because you're test-driving. It's like going to a car, test driving the car

and saying, "Yeah, like that car. It's good. I'm not sure I'm going to buy it but I'm going to

test drive it." Same thing with annuities and with a lot of the complicated

products. If you go into the bad chicken dinner seminar and bought that indexed

annuity that sounds too good to be true. There really is a CD product but you

think it's bigger than that. You can get that policy. Read that policy, call to

carrier and say, "My agent told me this. My agent said, hey it's going to do this and

this and this and it's going to slice the bread and it's going to be better than ever

and ski unicorns chasing the butterflies." It's perfect and then you call

them and you find out it might not be perfect. It might have some things in

there that weren't explained to you. You bought the sizzle not the steak, the free

look period allows you to go back to steak them find out what you really

own. Because remember this and really the free

look time period is a way to drive home this point. Annuities are contracts, okay?

You're going to get a contract called a policy in the mail. You're going to own a

contract and guess what that annuity is going to do regardless of the type of

annuity that you buy? It's going to do what's in the contract. So the free look

period allows you to understand what's in the contract even though you already

own it and give you the flexibility to get out. That's a good thing and remember

that website. N-O-L-H-G-A. Hang in there, I'm going to grab my books and I'm going to

tell you how to get them. Hey, thanks for hanging in there with me. We're going to get

to the books but before that, there's a video - "What are annuities are commonly used for "

You might want to watch that because I go through the details of each specific

type of annuity and then where they apply and where it might fit in your

portfolio. So click that. Alright, Stan, The Annuity man back. America's

annuity agent. Beloved, loved by all. Well, not my competition. But I like those guys

too, okay? Annuities or contracts, free look

time periods, what you're looking into it's a good deal. Remember N-O-L-H-G-A.com.

And I keep waving these things. These are the books that I've written. I've

written bunch. Well, I got to go in an order. Alright, they're in order. I'm

going to do it like a deck of cards. Even though... These are annuity owner's manuals.

I'm going to send them in the Willy Wonka package to you - for free! Now, you can go

to stantheannuityman.com and sign up for them. You can also get quotes. No

obligation quotes. We'll send them to you as well with all our carriers. But you

can also hit the... I think show info down here or show more info or something like

that underneath this video. Hey, before you do that, hit subscribe and subscribe

to these videos because I'm doing one every day. Don't believe me? Try me.

Subscribe and see. So yeah, a little obsessive-compulsive doing a lot of

videos. But hit subscribe, you get educated and also hit that show more

underneath that. I think it's suck a link and then it'll be a drop down. There'll

be a place to hit a link and you'll go to a landing page to fill out your

information and magically in 7 to 10 days, these show up and then if you

want to connect with me, you can go to stantheannuityman.com. See you

next time.

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