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Launch of iStructure Select by Independent Life Insurance Company

Fort Worth, Texas, June 17, 2025 - In a significant advancement for the financial sector, Independent Life Insurance Company has announced the launch of its new product, iStructure Select. This innovative index-linked structured settlement annuity aims to adapt to the changing needs of plaintiffs and attorneys navigating the complexities of structured settlements. As the only insurer dedicated exclusively to this market, Independent Life continues to pioneer solutions that offer plaintiffs more control, flexibility, and growth potential.

Key Features of iStructure Select

The newly developed iStructure Select is primed to reshape the landscape of structured settlements. Designed for those who desire increased control over their financial future, this annuity provides options for customizable index strategies tailored to the unique needs of the clients. Unlike traditional fixed annuities, iStructure Select enhances market participation by linking payments to well-known financial indexes, including the SP 500®, Nasdaq-100 Volatility Control 12%™ Index, and Franklin BofA World Index™. This feature presents clients with higher growth potential, allowing their structured settlements to keep pace with market dynamics.

Independent Life's President, George Luecke, emphasized the transformative nature of this new offering: "iStructure Select is not just another product; it's a fully digital structured settlement solution that ensures end-to-end efficiency. From illustration to final payment, our clients will experience a seamless and integrated process." This statement highlights the company’s commitment to leveraging technology to enhance client experiences and outcomes.

Empowering Advisors and Plaintiffs

The launch has garnered enthusiastic responses from financial advisors, who see great potential in how iStructure Select could enhance their service offerings. Mikel Taft, Chief Business Development Officer at Independent Life, stated, "The excitement around iStructure Select signifies a transformative tool that goes beyond innovation for its own sake. It allows advisors to deliver meaningful value, helping resolve cases and achieve better financial outcomes for clients." This is particularly pivotal for advisors and attorneys who work diligently to secure the best financial results for plaintiffs.

A Commitment to Innovation

The introduction of iStructure Select aligns with Independent Life’s vision of innovating within the structured settlement sector. By collaborating with world-renowned financial institutions, they are able to bring index-linked options that benefit clients while fostering trust and transparency in financial planning. The company's strategy emphasizes the provision of products that meet diversified needs, which is essential in today’s dynamic economic environment.

About Independent Life Insurance Company

Founded by leading figures in the insurance industry, Independent Life Insurance Company aims to improve financial outcomes for all stakeholders involved in structured settlements. The firm has attracted notable partners, including LKCM Headwater Investments and KKR's Kilter Finance, which bolster its growth and guarantee. With a mission to revolutionize the structured settlement landscape, Independent Life is dedicated to providing robust solutions that prioritize the aspirations and security of injured parties and their families.

This groundbreaking product, iStructure Select, is a reflection of Independent Life’s ongoing commitment to innovation and excellence in structured settlements. As they launch this unique solution, they reaffirm their position as a leader in the insurance market dedicated solely to structured settlements.