Open Accessibility Menu

Life Companies & Structured Settlements: Why They're Strong Enough to Withstand a Pandemic

Life Companies & Structured Settlements: Why They're Strong Enough to Withstand a Pandemic
Sage Settlement Consulting

In uncertain financial times, it becomes even more important to ensure that injured claimants can preserve their settlement funds. Structured settlement annuities are among the safest financial options available, due to a combination of company longevity, ratings standards, market capitalization, and regulation.

Longevity

Most of the companies that issue structured settlement annuities have withstood the most dramatic financial events in United States history, including The Great Depression and the 2008 financial crisis. In fact, since 2008, no life insurance companies who issue structured settlement annuities have become insolvent.

Life Insurance Company Founding Dates

Ratings

Sage offers structured settlement annuities through life insurance companies that have consistently achieved high ratings from well-respected ratings agencies. Ratings are based on the perceived financial strength and claims-paying abilities of the insurer. Even in the midst of the COVID-19 pandemic and ensuing financial instability, these life insurance companies have maintained high ratings1.

Life Insurance Company Ratings_January 2021

Capitalization & Regulation
Insurance companies are regulated by both state and federal agencies. These agencies require insurance companies to maintain a certain level of capitalization to decrease the risk of insolvency. Many life insurers have chosen to exceed the minimum threshold, increasing the level of safety provided to customers.

Contact Sage to Learn More about Structured Settlements
For more information about structured settlement annuities and strategies to provide long-term financial security, contact Sage Settlement Consulting today.

1 Ratings accurate as of January 27, 2021. For current ratings, please contact the life insurance company or visit the ratings company’s website.
2 Independent Life, formed in 2017, is a highly capitalized structured settlement provider. It has been rated by Egan-Jones Rating Company (EJ) and Kroll Bond Rating Agency (KBRA), both of which are recognized by the U.S. Securities and Exchange Commission (SEC) and the National Association of Insurance Commissioners (NAIC).
3 Independent Life Insurance Company has a reinsurance agreement with Hannover Life Reassurance Company. The agreement provides an additional layer of protection for Independent Life’s clients.
Categories:
  • Corporate Headquarters:

    11044 Research Blvd.
    Suite D-230
    Austin, TX 78759

    [Map & Directions]