Education

There's No Such Thing as a Free Dinner!

  • by Rayna Karst
  • Feb 2, 2022, 12:43 PM

A lot of us get invited to supper a couple of times a month by friends we didn’t even know we had. All we have to do is listen to their sales pitches which pretty much come down a hard sell of annuity or life insurance products.

Now there is nothing inherently wrong with annuities or life insurance – they are just ordinary financial tools and can be the right choice, for the right needs, at the right time. The problem is so many salesmen at so many dinners only want to sell you their single, specific financial tool. You need a financial screwdriver and they want to sell you a financial jackhammer.

Annuities and life insurance are popular among financial advisors because the commissions they can earn are lucrative. That’s really it. If an advisor is only pushing annuities or life insurance, it’s a fair assumption they are not thinking about your needs.

In the Trust & Investment department at CoreFirst Bank & Trust, our tool boxes are fully stocked. We don’t sell products you don’t need– we help you understand and manage your current financial situation, plan your financial future and help select the right financial tool for the job. Talk to one of our trust officers at 267-8402.

Questions?

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 Call 785.267.8402 or 1.800.280.0123  •  Stop by any branch location  •  Email a Trust Officer

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