Phil Cannella Reviews – Phil Cannella Reviews Discusses Term Certain Annuities – Phil Cannella Reviews


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Phil Cannella will tell you that in insurance there is no one size fit all. Any financial professional who knows his business will assess the individual goals and needs of their client before making any recommendations as to what type of financial vehicle to invest in.

When it comes to working with retirees, this is where Phil Cannella’s expertise truly shines. One type of annuity that some  Advisors recommend to retirees is a term certain annuity. Phil Cannella urges anyone who is considering such an annuity to understand its implications.

A term certain annuity is an insurance product that guarantees a periodic payment of a predetermined amount for a fixed term. Once the term has elapsed, these products are spent and offer no possibility of any future payments, even if the annuitant is still alive. Phil Cannella explains that the main risk involved in purchasing a product like this is that you may outlive your annuity and be left with no money to live off of. For this reason, term certain annuities should only be purchased under the guidance of a reputable financial professional.

Phil Cannella says that a term certain annuity can be a great product when used in collaboration with other financial vehicles in a full and complete retirement plan.

Phil Cannella Reviews, Phil Cannella Lawsuit, Phil Cannella Complaints