Holding Financial And Insurance Professionals Responsible
Elder abuse does not just take the form of a physical assault or severe neglect. Unethical and predatory individuals can take advantage of a senior citizen’s trust and possible diminished capacity. At Stebner Gertler Guadagni & Kawamoto in San Francisco, California, we protect the victims of these deceptive practices and protect their rights.
We protect the elderly against insurance and financial professionals out to line their own pockets with their victims’ money. Contact an attorney at 800-610-9641.
Protection Against Insurance Companies
Suspicion over someone trying to sell investments with high returns is often overlooked, particularly when it involves an established business or personal relationship. At Stebner Gertler Guadagni & Kawamoto, we know that while a majority of agents are trained and licensed to sell certain policies; few are licensed to sell other types of investments.
Protection Against Financial Advisors
When a person is elderly, one of his or her biggest fears is not being able to pay for long-term care. Because of this fear, the elderly are preyed upon by people claiming to be able to “protect their assets” or “qualify them for Medi-Cal.” The elderly become frequent targets for scams and other types of fraud. People of all ages are vulnerable when it comes to determining the legitimacy of these solicitors, but seniors make up more than half of the victims of fraudulent telemarketing cases.
Protection Against Annuity Agents
An annuity is an investment vehicle designed to begin providing a return after a substantial period of time of 10 to 20 years. Annuities are relatively secure and have a high growth potential. However, they often have high fees with costly penalties for withdrawing your money early. Because they take such a long time to mature, seniors may not benefit from their investment during their lifetime.
For more information or to schedule an appointment with an experienced lawyer regarding insurance elder fraud, please contact us at 800-610-9641.