Structured Settlement Annuity Options

Amica Life Structured Settlement Products and Services Product Line

Traditional Structured Settlement Annuity

A contract or promise to pay installments or future periodic payments as a settlement format for a bodily injury claim or lawsuit.

Age-Rated Structured Annuity

An age-rated contract is specially priced to account for a reduction in life expectancy as a result of the accident injury or due to a specific existing medical condition.

Accelerated Death Benefit Rider

A policy provision that overrides the anti-acceleration language in the tax code for annuitants who have died during their guaranteed benefit term. It is a valuable addition to our product line for those special cases where estate or Medicare remainder interests (Special Needs Trusts) may arise. Contact a Settlement Consultant for further details.