Assigned insurance annuities
Buy Assigned Annuities on the Secondary Market
Existing insurance annuity contracts, such as single premium immediate annuities, reassigned to a new investor through a change of ownership or an irrevocable change of payee. Unlike our structured settlement products, these are genuine annuity contracts.
Yields on placed inventory have historically run 4–7%. These are long-term holdings with limited liquidity and are not FDIC-insured or securities.
Annuity, explained
What assigned annuities are
Insurance annuities, such as single premium immediate annuities, reassigned to a new owner through a change of ownership or an irrevocable change of payee.
An assigned annuity is a real, in-force insurance annuity contract that is transferred to a new investor. The transfer is completed through a change of ownership or an irrevocable change of payee, so the scheduled annuity payments are redirected to you. Unlike structured settlement payment rights, these are actual annuity contracts issued by an insurance carrier.
You acquire the contract's remaining payment schedule at a discount to its total value, which produces an estimated yield above a comparable newly issued annuity. Because these are genuine annuity contracts, they carry the protections and features of the underlying policy.
Why the estimated yields run higher
You buy on the secondary market at a discount rather than paying the retail price and sales load of a newly issued annuity, so the estimated yield is higher for a comparable term.
The contracts we assign are issued by established carriers such as Berkshire Hathaway, American General, New York Life and other top-rated issuers, transferred cleanly through a change of ownership or irrevocable change of payee.
Who it suits
- Investors who specifically want a genuine insurance annuity contract rather than payment rights
- Buyers seeking predictable income with the features of the underlying policy
- Self-directed and trust accounts diversifying a fixed-income allocation
- Anyone comfortable holding a long-term position for an above-retail yield
Risks to weigh
- Payments depend on the claims-paying ability of the issuing insurance carrier.
- Assigned annuities are long-term holdings with limited liquidity; plan to hold them for the long term.
- Terms, riders, and tax treatment vary by contract; review each policy and consult your advisors.
- Availability is limited and priced at time of reservation.
Available now
Current annuity options
A sample of what is available now. Browse the full inventory to view payment schedules, documents, and available pricing on every option.
Nothing available in this category right now
Inventory moves quickly and posts on a first-come, first-served basis. Join our email list to hear the moment new assigned annuities become available.
Common questions
Annuity FAQ
Are assigned annuities actually annuities?
How is the transfer completed?
Why buy an annuity on the secondary market?
Pacific Structured Assets, Inc. does not provide tax, legal, financial or accounting advice. The material on this website has been prepared for informational purposes only and is not intended to provide, and should not be relied on for, tax, legal, financial or accounting advice. You should consult your own tax, legal, financial or accounting advisors before engaging in any transaction, including the acquisition of factored structured settlement payments. Pacific Structured Assets is not registered with the Securities and Exchange Commission and is not licensed to sell insurance in any state.
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