Introduction to Amica Life's Structured Settlement Products and Services

Amica Life Insurance Company is a leading manufacturer and direct distributor of tax-advantaged structured settlement products & services. We currently service injury victims in the casualty, Workers' Compensation and self-insured marketplace. Our structured settlements are issued by Amica Life and benefits are guaranteed by Amica Mutual Insurance Company.

Structured settlements are specialty life insurance products that have limited application. The most important of which is the tax-advantaged future payout component. This is simply a bodily injury settlement "packaged" format of cash and future periodic payments. The future payments are provided through the purchase by the defendant of a "special annuity" from a life insurance company. This structured annuity concept was created by the Federal Government, with features that differ markedly from traditional life insurance annuities.