We Asked ChatGPT-Type Model About Life Insurance, Annuities. Yikes!
June 1, 2023 by Cyril Tuohy
Questionable Accuracy:
We asked Bard about the average commission paid to an insurance agent on the sale of an immediate annuity and an indexed annuity. It told us commissions for immediate annuities are higher than those for indexed products.
“This is absolutely inaccurate,” said Sheryl Moore, CEO of Wink, publisher of Wink’s Sales & Market Report. Income annuities have considerably lower commissions, she said.
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Originally Posted at Life Annuity Specialist on May 26, 2023 by Cyril Tuohy.
Categories: Sheryl's Articles