Are Annuities Insured? Examining the Financial Strength of Structured Settlement Annuity Providers

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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 recent United States history, including the 2008 financial crisis, and more recently, the COVID-19 pandemic.


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 pandemic and ensuing financial instability, these life insurance companies have maintained high ratings.


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.

1Ratings accurate as of 6/2/21.

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