Safety Of Investing In Structured Settlements
Below are some articles from NSSTA.com that help to explain buying structured settlements.
June 4, 2009: Moody’s Report: Life Insurers Likely to Maintain “Solid Balance Sheets”
“Even in a worsening economic climate, life insurance companies are likely to retain investment grade ratings according to a new report from Moody’s, as reported in The Wall Street Journal. This is important news for anyone settling a physical injury or wrongful death claim because many of these companies issue structured settlement annuities.
According to Dow Jones, the Moody’s report concludes that life insurance carriers it has surveyed “are considered to be fit enough to weather the financial and economic crisis because of their solid balance sheets.” Moody’s reports that its reviews of these companies suggest that insurers are most likely to retain investment grade ratings.”
Read more… http://www.nssta.com/i4a/headlines/headlinedetails.cfm?id=111
Structured Settlements: Financial Protection During Economic Crisis
Settling a physical injury or wrongful death case requires sound financial strategy, especially during times of economic uncertainty. Structured settlements remain an excellent way to ensure tax-free guaranteed income tailored to a claimant’s specific needs. Structured settlement payments are:
- Regulated by Insurance Commissioners in all 50 states
- Guaranteed against reductions due to interest rate or economic changes
- Funded by the most highly rated life insurance companies
- Backed by exceptionally safe, “investment grade” assets
- Exempt from federal and state taxes on income, interest, dividends and capital gains. Also exempt from the Alternative Minimum Tax
- Not counted against Medicaid and SSI income limits if paid irrevocably into a special needs trust
No other option can match the security and financial advantages of a structured settlement
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