Independent Life Insurance Unveils Revolutionary iStructure Select for Structured Settlements

Independent Life Insurance Revolutionizes Structured Settlements with iStructure Select



Independent Life Insurance Company, a pioneer in the structured settlement arena, is gearing up to unveil its latest offering, iStructure Select. Scheduled for debut this summer, this innovative product is designed with a singular focus on enhancing the financial planning experience for plaintiffs.

A New Era in Structured Settlements



The introduction of iStructure Select marks a significant advancement in structured settlements, providing a flexible and customizable approach for those who have received compensation from legal claims. Unlike traditional structured settlements, iStructure Select allows plaintiffs and their advisors to tailor the payment structure without constraints on the timing or frequency of payments. This is a groundbreaking shift that responds directly to the evolving needs of clients in this specialized market.

Don Herrema, CEO of Independent Insurance Group, expressed his enthusiasm about the launch, stating, "The launch of iStructure Select is a powerful reflection of our continued commitment to excellence and putting plaintiffs first. We're proud to lead the industry forward with a product that reimagines what's possible in structured settlements."

Flexibility at Its Core



iStructure Select is more than just an annuity; it's a platform designed to provide unparalleled flexibility, performance potential, and long-term stability. Once the parameters of the structured settlement have been established, clients will not have to engage in ongoing decision-making or maintenance, simplifying the management of their financial future. Early insights into the product suggest that it will allow for a level of customization that has never been seen before in the industry.

According to Jimmy Atkins, President of Independent Life, "It's all in the name… The plaintiff can select a structure that truly meets their individual needs. This makes iStructure Select one of the most flexible options available in today's market."

Early Interest and Anticipation



The pre-launch buzz surrounding iStructure Select has already captured attention across legal and financial sectors. Early adopters are keen to be among the first to utilize what many are calling a transformative product. Legal advocates and financial advisors alike are recognizing the potential benefits of offering a more personalized approach to structured settlements, which can lead to better long-term outcomes for clients.

Independent Life Insurance Company's commitment to innovation is matched by its partnerships with leaders in the financial sector. Collaborations with LKCM Headwater Investments, KKR's Kilter Finance, and Hannover Re USA provide the backing and support needed to ensure that iStructure Select not only meets but exceeds market expectations.

Conclusion



In a landscape often defined by rigidity, the arrival of iStructure Select introduces a refreshing perspective on how structured settlements can better serve plaintiffs. This innovative product stands to empower clients by giving them the tools they need to shape their financial futures on their terms. As the launch approaches, anticipation builds not just within Independent Life but throughout the entire industry, promising a new standard for what structured settlements can achieve. For more information about this innovative product and the company behind it, visit Independent Life’s website.

Topics Financial Services & Investing)

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