Why Do Annuities Have A Bad Reputation? 
In addition to Ed Harris comment on this , there has also been a few bad agents who have sold inappropriate annuities to individuals . That is why laws have been set up to make sure that an annuity is suitable for the individual . When you purchase an annuity you must fill out a suitability form . If the company see 's that the annuity is not suitable they will not issue the annuity . 