Independent Group Announces Successful Launch of iStructure
May 24, 20224 min
Independent Insurance Group, LLC (“Independent Group”) announced today that its life and annuity subsidiary, Independent Life Insurance Company (“Independent Life”), has successfully launched iStructure, the first uncapped index-linked structured settlement annuity. Independent Life has secured almost $50 million in committed sales for the product from both settlement recoveries and installment sales of real estate and businesses. iStructure provides the opportunity for growth in payout amounts with the same flexibility and tax benefits of traditional structured settlements. Already, nearly...