2. Structured settlements
can resolve1
:
What can Allstate do
for you?
Structured settlements offer flexible payment
options during negotiation in order to meet a
plaintiff’s financial needs. To plan for the future,
the recipient can choose a combination of periodic
payment streams and lump sums, including
payments made for their lifetime.
A defendant or insurer may choose to assign their
obligation to make the periodic payments for the
plaintiff to an assignment company (assignee
includes Allstate International Assignments, Ltd.).
This assignee will then purchase either a fixed
annuity or a funding agreement from Allstate
Life Insurance Company (Allstate) or Allstate
Life Insurance Company of New York as the
funding vehicle to make the periodic payments
to the plaintiff.
Allstate has the
answer for nonphysical
injury claims.
Structured settlements are used to
meet the financial needs of the injured
party through an assignment of liabili-
ties.
Nonphysical injuries
Employment litigation
(except for wages)
Attorney fees
Pre-August 5, 1997,
workerscompensation
Environmental
litigation
Long-term disability
Punitive damages
Property claims
Errors & omissions
Directors & officers
Many other types
of claims
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1
The benefits paid under these arrangements are generally taxable.
Please consult your legal or tax advisor for specific information.
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3. Allstate’s strength.
Allstate offers financial strength and stability.
Customers also get the peace of mind that
comes with having one of the nation’s leading
life insurance companies fund their structured
settlements. Rest assured, You’re In Good
Hands With Allstate®
.
Our customers have our reassurance that
their needs remain our number-one focus.
Allstate’s experienced staff and superior
customer service team are dedicated to
providing the uncompromising level of service
expected from Allstate.
Our ratings.
We’re proud to have received high ratings from
these independent analysts. All ratings are based
on the insurer’s financial strength. In the case of
Allstate Life Insurance Company of New York,
the ratings reflect the relationship to the parent
company, Allstate Life Insurance Company.
AA(Very Strong)
Allstate Life Insurance Company and Allstate Life
Insurance Company of New York each received the third
highest of 20 ratings ranging from AAA (extremely
strong) to CC (extremely weak).
standard & poor’s
Ratings are as of July 2007 and are subject to change without notice.
A+(Superior) Allstate Life Insurance Company
A+(g)(Superior) Allstate Life Insurance
Company of New York
Allstate Life Insurance Company and Allstate Life Insurance
Company of New York each received the second highest of
13 ratings ranging from A++ (superior) to D (poor). Allstate
Life Insurance Company of New York’s (g) indicates its
group affiliation with Allstate Life Insurance Company.
a.m. best
Aa2(Excellent)
Allstate Life Insurance Company and Allstate Life
Insurance Company of New York each received the third
highest of 21 ratings ranging from Aaa (exceptional) to C
(extremely poor).
moody’s
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4. Why choose Allstate?
Allstate Life Insurance Company (Allstate) is
one of the largest life insurers in the United
States. With total assets of over $100 billion,
Allstate is wholly owned by Allstate Insurance
Company, which is wholly owned by The Allstate
Corporation. The Allstate Corporation is a
Fortune 100 company and the largest publicly
traded personal lines insurance company in the
United States.
To date, Allstate has issued over $8 billion
in structured settlement products. Allstate
is a recognized leader in the structured
settlement industry. Allstate pays out over
$600 million annually to 26,000 structured
settlement annuitants.
Our focus is safe, secure money management.
Throughout Allstate’s history, our strategy has
been to safely manage money for predictable,
steady growth. To support this strategy, we
invest in a diverse portfolio of investment-grade
bonds and securities, matching high-quality
assets with our liabilities.
We hold ourselves to the highest standards.
Allstate is proud to be among the first members
of the Insurance Marketplace Standards
Association (IMSA). Our membership signifies
our commitment to honesty, fairness and
integrity in the sales and service of individual
life insurance and annuity products.
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