Selling an annuity is basically taking a lump sum withdrawal from it. People use it as an investment tool to defer paying taxes on a portion of their money.
selling concept is a traditional concept of marketing. In traditional concept emphasis was on only selling the products.
selling
Marketing concept is just placing the product in the market Selling concept is making the people to but the product
Selling an annuity is, by and large, not a good idea. It is possible to sell one's right to future payments from an annuity in exchange for a cash sum. However, that market has some operators in it that may not give you a very good deal. If one is considering selling one's annuity, paying for advice from an Independent Financial Advisor could be a good investment
Annuities are considered Life Insurance, so if the agent isn't selling a variable annuity, he doesn't have to be securities licensed.
There are a variety of sites that offer to buy the annuity of individuals, but it's advisable to ensure that the seller trusts the source. The best option is to consult an investment manager before selling something as important as your annuity.
The selling concept places the entire emphasis on selling the product, so such a focused view will likely sell many products, which is a clear advantage of such a concept.
societal concept deals with what the publics are waiting to get from the company, where as selling concept deals with terms and agreement after pricing.
production concept marketing concept selling concept product concept
Selling your endowment policy or endowment surrender essentially involves selling the annuity back to the insurance company for a set value determined by a formula.
No it is a production concept as of October 2011
ask your mother?lol