Pre-Issued Annuities from Structured Settlements

August 13, 2014 1:01 p.m.

Trying to Catch a Higher Yield?  Pre-Issued Annuities from Structured Settlements

 

 

These types of annuities have high yields anywhere from 5% up to 8%.  But the process in buying these types of annuities is vastly different than buying primary market (direct market) annuities.

 

With a “pre-issued” annuity, the investor “stands in the shoes” of the intended “third party beneficiary”, which means, the investor takes over the rights as the intended third party beneficiary named in the contract between Casualty Insurance Company A, and Life Insurance Company B; the origination of the annuity itself.

 

By “correct”, we mean, get your name on the court documents as the NEW intended third party beneficiary, and have court APPROVAL. 

 

The nature of contract law makes Company A liable to Company B and vice versa, to carry out the payment to the third party beneficiary.  If they do not, the third party beneficiary has the right to sue Company A and/or Company B for the payment stream, because in “pre-issued annuities”, the third party beneficiary is considered “intended”, not incidental.  You will have rights to the payment stream.

 

But the whole process must be done correctly, timely, and efficiently.  Check out the process by calling a professional today.

 

http://eahtirski.com