Structured Settlement Annuity Issuers | The Test of Time
John Darer • July 14, 2023
A.M. Best Rated "A" or Higher for 50 and 75 Years
Structured settlement annuity issuers have stood the test of time, which is really important to know if you're depending on them to pay you stable income for a long time, or the rest of your life, and/or pay your beneficiaries. How the structured settelment annuity issuers stack up.
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Life Insurers Rated "A" (Excellent) or Higher for 75 Years
Current Structured Settlement Annuity Issuers
- New York Life Insurance Company (95 consecutive years)
- The Prudential Insurance Company of America (95 consecutive years)
- Metropolitan Life Insurance Company (96 consecutive years)
Former Structured Settlement Annuity Issuers
- Canada Life Assurance Company (78 consecutive years)
- Protective Life (services Lincoln LIfe Assurance Company of Boston-former Liberty Life Assurance Company of Boston
- Massachusetts Mutual Life Insurance Company (84 consecutive years)
Life Insurers Rated "A" (Excellent) or Higher for 50 Years
Current Structured Settlement Annuity Issuers
- American General Life Insurance Company (56 consecutive years)
- Pacific Life Insurance Company (64 consecutive years)
- United States Life Insurance Company in the City of New York (64 consecutive years)
- United of Omaha Life Insurance Company (68 consecutive years)
Structured Settlement Companies | Top Structured Settlement Companies 2024 (4structures.com)
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A structured settlement annuity does not drive the tax consequences of structured settlement annuity payments. It is the type of damages the structured settlement annuity payments represent, as reflected in the relevant settlement documentation executed by the settling parties
Structured settlement beneficiary death claim. An executor cannot change the beneficiary of a structured settlement annuity. StructuredTypically, settlement agreements permit the Payee to name or change a beneficiary, provided such change is in writing and submitted to the Assigmment Company or annuity issuer in writing and in proper form.
