USAA Life Insurance Company was founded in 1963. The company was originally created to serve the military and their families. Headquartered in San Antonio, TX, the company is currently ranked the 23rd largest settlement company in the world. USAA Life is one of three Texas-based structured settlement companies that Standard and Poor rated an A+.
The structured settlements offered by USAA Life insurance company are meant to help when the unexpected strikes. With structured settlements, you get the guaranteed income you need, whenever you want it.
The structured settlement is designed for people who have been injured as a result of a car crash, medical malpractice, or personal injury. The person often has long-term medical expenses associated with the injury. The USAA fixed annuities can guarantee income for as long as the person lives.
The expert settlement advisers at USAA can structure a plan that meets the client’s specific need. Clients have the choice of receiving payments for life, which means scheduled, automatic payments that will not be outlived.
Payments for a guaranteed period will allow you to stretch out regular payments over several years. You can also set up lump-sum payments scheduled for a certain time. These payments can be for things like a college fund, credit card bills, down payment on a home, or even an investment.
When you speak with a USAA broker, they will help designate the payment type that best suits your needs. USAA brokers will always treat clients with the highest level of professionalism. You will receive all the information you need to make an informed decision regarding your claim.
The overall benefits of a structured settlement guarantees income for the future. The money is also tax free. If you need to speak with a USAA Life Insurance broker regarding a structured settlement, give them a call today.