{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Annuities Are Contractual Commodities: Shootin' It Straight With Stan","description":"In this episode, The Annuity Man discussed:  Owning an annuity for what it will do  Annuities are a commodity product  Don\u2019t swallow the pitch    Key Takeaways:  You should own an annuity for what it will do, not what it might do. When you strip down annuities to the contractual guarantees, only then will it become commoditized.  Annuities should be quoted from multiple carriers to get the most favorable contractual guarantee for the client. That\u2019s the way it should be. Take note that quotes often change as carriers adjust their bid.  Annuities that adjust for inflation are structured where the insurance company lowers the payment to make up for the potential increase. Don\u2019t be swayed by sales pitches. Focus on the guarantees.    "Once we strip it down to the contractual guarantees, then they're immediately commoditized for us to then go quote for the highest contractual guaranteed number. That's how simple this is. That's how simple the annuity industry could make this." \u2014  Stan The Annuity Man.    Connect with The Annuity Man:  Website: http:\/\/theannuityman.com\/  Email: Stan@TheAnnuityMan.com  Book: Owner\u2019s Manuals: https:\/\/www.stantheannuityman.com\/how-do-annuities-work YouTube: https:\/\/www.youtube.com\/channel\/UCCXKKxvVslbeGAlEc5sra2g  Get a Quote Today: https:\/\/www.stantheannuityman.com\/annuity-calculator!    ","author_name":"\u201cFun With Annuities\u201d The Annuity Man Podcast","author_url":"https:\/\/www.TheAnnuityMan.com","html":"