Qualified Annuities

Personal Injury- IRC Section 104(a)(2)

• Assigned
• Unassigned
  

Workers compensation claims- IRC Section 104(a)(1)

• Assigned: Claims filed after 8/5/1997
• Unassigned: All claims

Attorney Fees

• Sold along with Claimant’s structure or as a stand-alone case. 
• Hold Harmless Agreement and W-9 required.
• Contact Home Office for complete guidelines.

Commutation Riders

Estate Tax Rider Available on all cases containing guaranteed benefits. Assignment acceptable. Available in all states except Texas and Vermont. Elimination of Liability Rider  Available only on unassigned cases.  Used when a defendant's liability no longer exists due to a state statute or situational changes (Example: Dependant not attending college). Not available in Pennsylvania and Vermont. Remarriage Rider  Available only on unassigned cases.  Used when a defendant's liability no longer exists due to remarriage of a surviving spouse. Not available in Pennsylvania and Vermont.

Non-Qualified Annuities

Contact Home Office for quote approval.

Non-qualified requirements

• Must be settlement based.
• Annuity Subject to IRC Section 72.
• Assignment not available.
• Owner must have a U.S. Social Security Number. 

This product is not currently available in Vermont.