Wednesday, November 1, 2017

List of U.S. insurance companies,Life Annuity

Life annuity

A life annuity is an annuity, or series of payments at fixed intervals, paid while the purchaser (or annuitant) is alive. A life annuity is an insurance product typically sold or issued by life insurance companies. Life annuities may be sold in exchange for the immediate payment of a lump sum (single-payment annuity) or a series of regular payments (flexible payment annuity), prior to the onset of the annuity.

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The payment stream from the issuer to the annuitant has an unknown duration based principally upon the date of death of the annuitant. At this point the contract will terminate and the remainder of the fund accumulated is forfeited unless there are other annuitants or beneficiaries in the contract. Thus a life annuity is a form of longevity insurance, where the uncertainty of an individual's lifespan is transferred from the individual to the insurer, which reduces its own uncertainty by pooling many clients. Annuities can be purchased to provide an income during retirement, or originate from a structured settlement of a personal injury lawsuit.

This list is incomplete :

    Allstate
    American Family Insurance
    American Fidelity Assurance
    Amica Mutual Insurance
    AXA Equitable Life Insurance Company
    Bankers Life and Casualty
    Conseco
    Farmers Insurance Group
    Genworth Financial
    Horace Mann Educators Corporation
    ING Group
    Jackson National Life
    John Hancock Insurance
    Lincoln National Corporation
    MetLife
    Mutual of Omaha
    National Life Group
    Nationwide Mutual Insurance Company
    New York Life Insurance Company
    Ohio National Financial Services Company
    Old Mutual
    Pacific Life
    Primerica
    Professional Life and Casualty
    Protective Life
    Prudential Financial
    Securian Financial Group
    Standard Insurance Company
    State Farm Insurance
    Thrivent Financial for Lutherans
    TIAA-CREF
    Transamerica Corporation
    UNIFI Companies
    United of Omaha
    Western & Southern Financial Group

(Source Wikipedia)

Article Tags:

#Life Insurance Policy
#Life Settlement Broker
#Insured Life Expectancy
#Life Settlements
#Life Insurance
#Insurance Policy
#Life Settlement
#Settlement Broker
#Policy Value
#Senior Settlement
#Insured Life, Life Expectancy

#Review
#Company Review
#Insurance Company
#Quote

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