Our Story

Why Choose Independent Life?

As the first life insurer solely dedicated to structured settlements, Independent Life provides competitive and innovative annuity products that enable our settlement consultants to help injured plaintiffs and their attorneys achieve better case results and planning solutions. We do this with market-leading pricing, enhanced medical underwriting, and exceptional customer service. 

Financial Strength Metrics

  • Independent Life has affirmed our ratings from two highly respected Nationally Recognized Statistical Rating Organizations (NRSROs) with deep analytical track records. 

    • Egan-Jones Rated A

    • KBRA Rated A-

  • Independent Life’s Risk Based Capital ratios are in line or better than other companies offering annuities to fund structured settlements.

  • We are and will remain one of the most well capitalized life insurance carriers serving the structured settlement industry as measured by capital and surplus to general account assets.

  • Our investment management objectives are implemented and executed by BlackRock, the world’s largest asset management firm, with more than $5 Trillion dollars in assets under management and serves over 150 insurance entities. 


The ratio of capital and surplus to general account assets essentially represents the extra funds available after an insurance company meets its liabilities. Independent Life has more than 23 cents of every $1 in assets available to address the risks and uncertainties related to our business. 


ILIC20_Capital-Surplus Chart (2019)


About Independent Life Insurance Company

Independent Life Insurance Company is the first annuity provider to focus exclusively on the structured settlement market to help personal injury victims and their families. Independent Life’s mission is to provide trustworthy, competitive and innovative annuity products that professional consultants can easily integrate with other financial products and governmental benefits to produce optimum settlement planning solutions for personal injury victims and their families.

About Independent Assignment Company

Independent Assignment Company strives each and every day to be the best-in-class servicer of the advisors to personal injury victims and their families.


About Our Capital Partners

Independent Life Assignment Company, Independent Life Insurance Company and their holding company, Independent Insurance Group, were formed as a collaboration between management and LKCM Headwater Investments, the private investment arm of Luther King Capital Management, a Fort Worth based investment firm founded in 1979 with approximately $15 billion in assets under management for high net worth individuals, institutional clients, private investment partnerships and mutual funds.