About

We are a fresh and innovative company, partnering with plaintiff attorneys, settlement consultants and their clients in the fight for justice.

Founded by insurance industry experts, Independent Life focuses on structured settlement solutions for plaintiffs and settlement professionals

We believe structured settlements can help plaintiffs plan how settlement proceeds are received over time, reduce the responsibility of managing a single lump sum, and address future needs through scheduled payments.

Our focus on structured settlements supports specialized underwriting, responsive service, and product development designed for settlement planning professionals and their clients.

Our underwriting team evaluates available medical and case information when determining rated ages and pricing. We work with settlement professionals through the quoting, documentation, policy-issue, and payment-service process. Product availability, pricing, and payment amounts depend on the facts of each case and applicable product terms.

Capital and Reinsurance Partners

Independent Life works with established organizations that support its capital, reinsurance, and investment-management functions.

Capital: LKCM Headwater

Reinsurance: Hannover Re U.S. (A.M. Best A+ rated)

Capital: KKR’s Kilter Finance

Financial Strength Ratings

Independent Life reports financial strength ratings of A from Egan-Jones and A- from KBRA. Ratings reflect each agency’s opinion as of its review date, may change, and are not a guarantee of future performance. Review the rating agencies’ current reports when evaluating financial strength.

Smart and Consistent Growth

With risk-based capital (RBC) ratios in line with structured settlement peers and without legacy liabilities or distractions from other product lines, Independent Life’s growth has been smart and consistent, attracting world-class partners: LKCM Headwater Investments, KKR’s Kilter Finance and Hannover Re USA.

$2B+

In funded premium as of 08/20/2026.

615+

Assignors.

$433k

Average case size.

*Assignors and average case size as of 06/01/2026

Independent Life develops structured settlement products and services for injury claimants and settlement professionals. iStructure Select offers payment designs linked to selected market indexes, subject to product terms and limitations, while the Payee Protection Policy is designed to help protect payment rights from unfair factoring practices.

Donald J. Herrema
Chief Executive Officer

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Deep expertise combined with unparalleled access. Market-leading underwriting and pricing, plus turnaround times that redefine industry benchmarks. Innovative solutions that challenge convention. Impressive credentials plus best-in-class partners to back it all up.

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1-800-793-0848

Independent Life Insurance Company

P.O. Box 679053
Dallas, Texas 75267-9053
Fax: 904-869-0976

info@independent.life

Any discussion of taxes herein is for general informational purposes only and does not purport to be complete or cover every situation. Independent Life, its affiliates, its distributors, and its and their respective representatives do not provide tax, accounting, or legal advice. You should confer with your qualified legal, tax and accounting advisors based on your particular circumstances. All guarantees are obligations of Independent Life Insurance Company.