The Annuity Experts at Annuity IQ

My name is Scott DeMonte, and I am the founder and owner of Annuity IQ. Together with my team, we set out to do something so unique and different that it is sure to spawn a new industry. We created the first and, so far the only third party rating service for variable annuity contracts and their benefits, to learn more please read the” About Annuity IQ” page. My main goal was to develop an easy to use database of annuity information that everyone can understand. We have completed that database. We do the research, you benefit.

I am an expert on variable annuities and on how the insurance companies work. I have over 12 years of financial services experience and I come from a long line of financial advisors. My entire family has been in the financial services business for over 70 years cumulatively. For the last 5 years of my career, I have been a Regional Vice President and Regional Marketing Director for 2 of the biggest names in the insurance industry, The Hartford and Jackson National Life.

Please check my record from the NASD, go to nasd.com, which is the NASD Broker Check website (the governing body of the securities industry). Just enter my name and Jackson National and you can view my background.

I personally have sold millions of dollars of variable annuities, to both the public and to brokers. I also took it upon myself to learn how most of the best selling variable annuities worked, especially how my competitors’ products worked. I have always been relied upon by my peers for knowing the competition. Now, I want to share my knowledge with the public.

You now have a way to research variable annuities without the pressure of sales people or with the expectations of the site you are on are trying to sell you a product. Unlike other annuity web sites, we do not sell any annuity products. We feel you can not sell a product and be completely unbiased. Other annuity sites feel differently about that. They feel they can sell and be unbiased, but they offer their “top” picks or “best” product on their front page. We feel that is because one of two reasons. They either pay a great commission or the product is what they know and are comfortable with.

If you do not believe me, go Google the term annuity or variable annuity and click on the results that talk about variable annuities or annuities in general.

Our job is clear, and our goal is to help you succeed in finding the best product available. We have the information, but it is up to you to use it or not. Our service is not free, but extremely affordable and we cannot offer this for free because of the immense cost of covering and maintaining ratings on these contracts. Frankly, the fee we charge is much lower than any other rating agencies’ fees.

The time it takes to review and rate these contracts is, roughly, 6 to 8 hours a piece. This means we pour over hundreds of pages of information on each product to analyze the features. After we isolate the data, it is fed into our program where it is rated and then we write a plain English version of how these products work.

The member’s area is easy to use, completely searchable with an automated system and you have access to the extra features we offer. We offer unique financial calculators and the Annuitizer, the variable annuity suggestion tool. These extra features, which we update all the time, are geared to help you plan for a better retirement and, specifically the Annuitizer, is designed to help narrow your search for a variable annuity.

All of those features are a first in the industry, and we are the only ones who offer all of this information. We have done the research for you, now it is up to you to use it.