If you have completed litigation on a case and are now looking for a company to handle your structured settlement, it can be tough to determine which is best for your needs. There are a variety of characteristics to consider when looking for a structured settlement company. We evaluate the companies on the following criteria
- Customer service
- Financial advice
- Track record
Here are some structured settlement company reviews in no particular order.
Prudential Insurance Company of America
Prudential is known for a vast array of financial services. And, they have been in the structured settlement field since 1984. For their structured settlements payments, around 50,000 people depend on Prudential. Their full product line includes single life annuities, deferred payouts, immediate payouts, medical underwritten annuities, and joint life annuities.
Prudential is great at assisting their clients by relieving claimants of the responsibilities of handling large sums of money. Prudential has not wavered in their commitment to providing ongoing structured settlement services in a field that sees insurance companies jumping in and out.
They have terrific customer service and as a charter member of the National Structured Settlement Trade Association, they can be trusted.
New York Life
With over $19 billion in surplus and AVR and around $381 billion in total assets under management, New York Life ranks 89th on the Fortune 500 list. They are one of the largest life insurers in the world and the largest mutual life insurance company in the United States. Since 2007, they have boasted the best possible financial rating from the four top independent rating companies.
New York Life Structured Settlements is the division that handles structured settlements. Their track record and financial strength are among the best. They also put their customers first always ensuring they are properly informed. New York Life is a solid choice for your structured settlement payments.
Liberty Mutual Group
Liberty Mutual is the United States’ third largest casualty and property insurer. Based on their 2012 revenue of $36.9 billion, they are the 81st largest corporation in the country. Since 1980, Liberty has been instrumental in settling physical injury claims. They are among the top ten providers of structured settlements these days.
Customer satisfaction is at the center of what they do. They provide versatility, quick quote turnaround times, exceptional customer services, and competitive rates. With their strong financial position, you can be sure you will get regular payments for the duration of your structured settlement.
American General is a subsidiary of AIG Life and Retirement. They came into existence before the Civil War, and these days, they serve more than thirteen million customers. Through all of their lines of business, American General has paid out more than $38 billion to businesses and customers in just the last five years.
Since they are financially stable and are well-diversified, making sure you get your payments will never be a problem for American General. This coupled with their A+ rating form the Better Business Bureau lets you know you can trust American General with your structured settlement.