A Couple Points

Last week the NASP met for their annual meeting and a few individuals have blogged about the event. This author would like to comment on a few points brought up by other authors.

Insurance Companies Purchasing Their Own Product

There are currently two issuers who factor structured settlements- Allstate and Clearscape Funding (Symetra). The problem with these two companies is that they have high discount rates starting at 10- 12%, they take forever to complete a transaction, and it is a conflict of interest to purchase the settlement on the back end and make another profit off of the annuitant.

Planning For The Future Is The Key To Selling Annuity Payments

Thousands of annuitants sell the rights to their annuity payments every year, but what can each of these individuals due to secure their financial future? The simple answer is to plan ahead for both the certain and uncertain events that will happen.

Annuitants sell the rights to their payments for a multitude of reasons, most caused by a financial situation such as debt.

Should You Sell Your AIG Structured Settlement Annuity Payments?

The confidence of AIG's structured settlement annuity policy holders has been shaken, but should these policy holders sell the rights to their annuity payments?

Due to the circumstances surrounding the recent events of AIG's financial difficulties the media has spawned a frenzy among policy holders. This author believes annuitants should be cautious about selling the rights to their annuity payments. Here is why: