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The Most Commonly Asked Questions About Swiss Annuities

by Dean R. Danielsen

I have been asked by BFI, an international agent for Swiss insurance companies, to write a paper that answers the questions of U.S. investors pertaining to the Swiss Single Premium Annuity Certificate. During the last two years I have spoken, on a regular basis, to people of all ages and wide-ranging economic backgrounds, and there are several questions that always come up. This report will address these questions.
  1. Can I feel comfortable sending my money out of the country?
  2. Why do I need a Swiss annuity?
  3. Are Swiss insurance companies rated? Are they safe?
  4. What are the commissions and loads on Swiss annuities?
  5. What are the minimums? Can I make additional deposits?
  6. Can I designate my currency of choice in the annuity? Can I be paid back in my currency of choice?
  7. What are the terms of the annuities?
  8. What is the yield of a Swiss annuity?
  9. What about taxes?
  10. Can I invest IRA or pension money in Swiss annuities?
  11. Can a legal entity be the owner of a Swiss Annuity Certificate?
  12. Can my U.S. insurance company annuities be converted into Swiss annuities?
  13. Are the annuities private? Are they judgment proof?
  14. Can the U.S. government force me to return my deposits to America?
  15. Who gets my money?
  16. Is this a good time to consider buying one?
  17. Why is the Swiss franc safer than the U.S. dollar?
  18. Guarantee of Policies Issued by Swiss Insurance Companies (report excerpt)


Copyright © 1998 by Private Investments, Ltd.
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