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December 17, 2010

New York City Structured Settlement Annuity Companies

Which life insurance companies write structured settlement annuities in Bronx, Brooklyn, Queens, Staten Island and Manhattan,  as well the Greater New York City Metropolitan area, including Nassau, Suffolk, Westchester, Rockland and Fairfield County (CT)?

The following companies are the primary writers of structured settlement annuities for the New York City metropolitan area.

  1. Allstate Life Insurance Company of New York  Home Office: Hauppauge, NY 
  2. United States Life Insurance Company in the City of New York Home Office: New York, NY (as of 12/31/10)
  3. John Hancock Life Insurance Company  of New York Home Office: Valhalla, NY
  4. Liberty Life Assurance Company of Boston  Home Office: Boston, MA
  5. Metropolitan Life Insurance Company   Home Office: New York, NY
  6. New York Life Insurance Company Home Office: New York, NY
  7. Pacific Life and Annuity Company   Home Office: Newport Beach, CA
  8. The Prudential Insurance Company of America  Home Office: Newark, NJ

The above list of New York admitted structured settlement annuity companies apply to settlements only. Cases in Fairfield County, CT would substitute Allstate Life Insurance Company,  American General Life Insurance Company  and John Hancock Life Insurance Company (USA) for numbers 1, 2 and 3 respectively. Please note that a limited number of insurance companies underwrite structured settlements compared to other types of annuities. There are a variety of types of structured settllement payments such individual or multiple deferred or immediate payment streams, fixed percentage increases, step cash flows, deferred lump sums and more.

For New York cases that go to a structured judgment, pursuant to CPLR Article 50A or Article 50B, the following of the above annuity issuers apply:

  1. United States Life Insurance Company in the City of New York(as of 12/31/2010)
  2. Metropolitan Life Insurance Company

For more details please click here for a more comprehensive one page list of structured annuity companies, including their third party financial ratings.

Structured settlement annuities are only offered through appointed structured settlement managing general agencies by their insurance licensed employees, or through affiliated insurance licensed independent agents and brokers.

Current as of December 31, 2010

Use this free Structured Settlement quote form online or call 888-325-8640 toll-free for structured settlement quotes, structured attorney fee quotes for both annuity and non annuity funded solutions,  employment structured settlement quotes, divorce structured settlement quotes, structured sales quotes for business installment sales and real estate installment sales and periodic payments for deferred athlete and celebrity endorsement deals.

Posted at 07:43 PM in Bronx New York Structured Settlements, Brooklyn New York Structured Settlements, New York City Structured Settlements, New York Structured Settlements, NYC Structured Settlements, Staten Island Structured Settlements, Structured Annuity Company, Structured Settlement Information |

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Contact Structured Settlement Expert John Darer®

About The Structured Settlement Blog

  • STRUCTURED SETTLEMENTS 4REAL® Blog Is a Popular Source of Structured Settlement News and Information, Settlement Planning News, Tax Deferral and Deferred Income Planning Solutions,
    with a stable readership that seeks credible structured settlement information and/or opinion about topical issues related to settlement planning, targeted to lawyers, injured persons and their family members, guardians, survivors, judges, magistrates, special masters, mediators, administrators, trust companies, insurance company executives and adjusters, financial advisers settlement professionals, financial professionals, insurance regulators, government leaders, federal and state law enforcement, buyers and sellers of structured settlement payment rights, the news media and other interested parties. 4structures.com LLC established the structured settlement blog in 2005 and for over 17 years it has been a leading source for critical commentary. The John Darer authored blog has been among the most prolific, regularly providing fresh structured settlement, settlement planning, litigation recovery management content and commentary. John Darer®, CLU ChFC MSSC CeFT® RSP CLTC, President of Stamford, CT based 4structures.com, LLC, is an experienced New York City area structured settlement expert, structured settlement broker, Certified Financial Transitionist, and Registered Settlement Planner. In his capacity as a investigative journalist and commentator, and professionally, John Darer passionately believes that shining the light on a business practice is both healthy and newsworthy. It is in the best interest of tort victims, their families and their legal advisers, that the settlement planning discussion involve those that are properly trained in the topic, properly informed on the topic and, with respect to structured settlements, properly licensed and/or appointed). It has significant instructional and deterrent value to other practitioners and firms as well as those who may be caught in the cross hairs. WHAT YOU GET here is the straight stuff with a touch of irreverence and humor. We hope you enjoy and find the content to be helpful. Subscribe to the structured settlement blog feed, or a specific category feed through your blog reader, or through the Feedburner icon on this page. Followers of JDDarer™ on Twitter may also receive select content. If you would like to speak with John he can be reached at (888)325-8640 Thank you for reading! Last updated October 10, 2022

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Structured Settlement Best Practices Corner

  • New York Insurance Advertising law requires the full name of the Insurer to be listed along with the city and state of the principal office. Stating that you represent these fine companies using Insurance company logos without the preceding information are also illegal
  • When it comes to settlement documents it is the ultimate responsibility of the lawyers or claims adjusters who receive input concerning the structured settlement aspects of the documents to actually read the entire document, exercise independent thought and advise their clients properly
  • Be aware that financial advisors use of testimonials is prohibited or restricted
  • Most states require that Testimonials represent the CURRENT opinion of the person who made the testimonial. Be prepared to back it up.
  • Number of States That Prohibit Payment of QSF expenses by licensed agents and brokers
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Why Take a Structured Settlement?

  • A structured settlement offers guaranteed financial security to personal injury victims, wrongful death survivors and their families. A structured settlement involves a customized stream of payments, provides long-term stable tax-free income, for a period of years or a lifetime. Unlike other income annuities. a structured settlement annuity can have multiple payment streams to address multiple needs in a single contract.

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