Structured Annuity Companies

TOP STRUCTURED SETTLEMENT ANNUITY COMPANIES 2024

Structured Settlement Annuities are Only Offered Through Licensed and Appointed Specialists
Structured Settlement Brokers and Settlement Planners
GET QUOTE NOW

TOP STRUCTURED SETTLEMENT ANNUITY COMPANIES 2024

Structured Settlement Annuities Are Only Available Through Insurance Licensed, Insurer Authorized, Structured Settlement Brokers and Settlement Planners
Structured Settlement Annuity Company/ Structured Annuity Issuer
Assignment Company or Guarantor
AM Best S&P Moodys
Fitch Minimum
Premium
Assign.
Fee
NY 50-A
& 50-B
Secured
Creditor
American General Life Insurance Company
Home Office: Houston, TX
American General Annuity Service Corporation (for Qualified Assignments)
AGL Assignment Company, LLC (for Non-Qualified Assignments, Funding Agreements)
AGC Life Ins. Co. (Guarantor)
A



A
XV



XV
A+


A2


A+



A+
$25,000


$0


No


Yes


Berkshire Hathaway Life Insurance Company of Nebraska
Home Office: Omaha, NE
First Berkshire Hathaway Life Insurance Company (for NY settlements only)
Home Office: Flushing, NY
National Indemnity Company (Reinsurance and Dual Guarantor when BHLN premium >$3M)
Home Office: Omaha, NE
BHG Structured Settlements, Inc.
Columbia Insurance Company (Guarantor)
Home Office: Omaha, NE
Berkshire Hathaway logo
National Indemnity Company
A++

A+

A++


A++
XV

VII

XV


XV
AA+

N/R

AA+


AA+


N/R

Aa1


Aa1
N/R

N/R



$100,000

$100,000

$50,000

$0

$0



No

No


Yes

Yes



Independent Life Insurance Company (Non-NY business only)
Home Office: Fort Worth, TX Service Center: Jacksonville. FL
Independent Assignment Company
Dominion Assignment Company (Swizerland) SPC Limited [iStructure funded cases]
Independent Life Insurance Company (Guarantor)
See bullet point below for Independent Life's NAIC Tier 1 ratings information
life Insurance
N/R

N/R

N/R






N/R

N/R

N/R
N/R

N/R


N/R









Metropolitan Life Insurance Company (MLIC)
Home Office: New York, NY
MetLife Tower Resources Group, Inc. (MTRG)
Metropolitan Life Insurance Company (MLIC) (Guarantor, assigned cases)
Metropolitan Tower Life Insurance Company (MTLIC)
Home Office: Lincoln, NB
MetLife Assignment Company Inc., (MACI)
Metropolitan Tower Life Insurance Company (MTLIC) (Guarantor, Assigned cases to MACI)
MetLifeLogo
A+


A+
A+


A+
XV


XV
XV


XV
AA-


AA-
Aa3


Aa3
Aa3


Aa3
AA-


AA-
$100,000



$20,000
$750



$750
Yes



No
Yes



Yes
New York Life Insurance Company
Home Office: New York, NY
New York Life Insurance and Annuity Corporation
New York Life Insurance Company (Guarantor)
NewYork_logo
A++

A++
A++
XV

XII
XV
AA+

AA+
AA+
Aaa

Aaa
Aaa
AAA

AAA
AAA
$10,000 $750 No No
Pacific Life Insurance Company
Home Office: Newport Beach, CA
PacificLife_logo
Pacific Life & Annuity Company (NY structured settlements/structured judgements)
Home Office: Newport Beach, CA
Pacific Life & Annuity Services Inc.
Pacific LifeCorp (Guarantor)
A+

A+
XV

XV
AA-

AA-
Aa3

Aa3
AA-

AA-
$10,000

$10,000
$250

$250
No

Yes
Yes

Yes
The Prudential Insurance Company of America
Home Office: Newark, NJ
Prudential Assigned Settlement Services Corporation
The Prudential Insurance Company of America (Guarantor)

prudential_logo
A+


A+
XV


XV
AA-


AA-
A1


A1
A+


A+
$20,000 $750

No Yes
United of Omaha Life Insurance Company
Home Office: Omaha, NE
Mutual of Omaha Structured Settlement Company
United of Omaha Life Insurance Company (Guarantor)
Omaha_logo
A+


A+
XV


XV
A+


A+
A1


A1
N/R


N/R
$10,000 $500 No Yes
United States Life Insurance Company in the City of New York
Home Office: New York, NY
American General Annuity Service Corporation (for Qualified Assignments)
AGL Assignment Company, LLC (for Non-Qualified Assignments)

AGC Life Insurance Company (Guarantor)
A



A
XV



XV
A+ A2 A+



A+
$25,000 $0 Yes Yes
USAA Life Insurance Company
Home Office: San Antonio, TX
USAA Annuity Service Corporation
USAA Life Insurance Company (Guarantor)
USLife_logo
A++



XV



AА+ Aа1 N/R



$10,000 $0 No No

Footnotes


 

  • Structured settlements are a specialized line of business for life insurance companies. Structured settlement annuities and/or periodic payment reinsurance are only available through licensed insurance agents appointed with structured settlement authority by the underwriting life insurance company.  An appointed agent of one of the above life insurance companies without structured settlement authority would have to go through an appointed agent or structured settlement broker with structured settlement authority.   You can easily verify if an agent or broker is licensed in your state by referring to the online records posted on the webistes of state department of insurance, or department of financial services.
  • Beware that factored structured settlement payment streams that are offered by secondary market and tertiary market salespeople, including certain settlement planners, as "SMA", "SMIA" and "structured settlement investments", are not annuities. Such factored payments streams, properly defined as " structured settllement receivables", may not have statutory insolvency protections and have transactional risks not present with legitimate annuities.  See the 2017 revisions to the Life & Health Guaranty Association Model Act (#520) which had been adopted by 40 states as of August 2023. The National Association of Insurance Commissioners (NAIC) does not recognize acquired structured settlement payment rights as annuities or insurance products. and may be offered by people who do not hold insurance licenses who may use the term annuity or annuities  as an inducement, and/or make unauthorized use of insurer trademarked logos to mislead investors.
  • An A.M. Best Financial Strength Rating opinion addresses the relative ability of an insurer to meet its ongoing insurance and contract obligations. It is not a warranty of a company’s financial strength and ability to meet its obligations to policyholders. "Best's Credit Ratings™ are under continuous review and subject to change and/or affirmation. Important Notice: See Best's Credit Ratings for a disclaimer notice and complete details at http://www.ambest.com/ratings/notice."
  • Financial ratings current as of the date this page was last updated. Please click on the column header for each financial rating agency to learn more about the rating process with the agency
  • If you are receiving, or scheduled to receive structured annuity payments from American International Life Assurance Company of New York, and your structure was put in place prior to 7/1/2009, the assignment company would have been either American Home Assurance Company, or National Union Fire Insurance Company of Pittsburgh, PA.
  • Metropolitan Tower Life Insurance Company writes annuities to fund structured installment sales in all states except New York.
  • MetLife Assignment Company, Inc. offers a domestic non-qualified assignment alternative.  Payments must begin within 13 months and must be substantially equal to qualify under IRC 72(u)
  • Independent Life Insurance Company began underwriting structured settlement annuities in May 2018. Independent Life became the first life insurance company to focus exclusively on the structured settlement market. Independent Life also issues annuities to fund non-qualified structured settlements, including structured installment sales and non qualified structured settlements witha  deferred start date longer thanj one year.. It is rated A by Egan Jones, which is an NAIC Tier 1 rating. See CRP Credit Rating Equivalent to SVO Designations. Independent Life Insurance Company is not related to Independent Life & Accident, which was acquired by American General in 1997 and did not write structured settlement annuities.
  • USAA Life Insurance Company is not admitted in New York and therefore cannot be used where there is no qualified assignment. In circumstances that do not require court approval, where the parties seek an A++ alternative and mutually agree, USAA Annuity Service Corp will take a qualified assignment from New York Defendants or Insurers of New York defendants. 
  • This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by any insurance or other company referenced herein. All products, services and company names are the registered trademarks of their original owners. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association, sponsorship or endorsement between the trademark holder and the operators of this web site.


Last updated on March 15, 2024

 

#structuredsettlementcompanies  #structuredsettlementannuitycompanies  #structuredannuitycompanies  #structuredsettlementmarkets #structuredannuitysettlement #structuredannuitysettlements #structuredsettlementannuities  #structuredsettlementannuityproviders  #topstructuredsettlements  #qualifiedassignmentcompanies  #structuredsettlementannuity, #NYstructuredsettlementannuities  #NYCstructuredsettelmentannnuties

john darer structured settlement annuities

Structured Settlement Annuities Expert

Have a question about structured settlement annuities or structured settlement annuity companies, or need quotes for structured settlement annuities? I'm here to help. Call John Darer at 888-325-8640 or send me a message and I'll be in touch.

Share by: