Why Structured Settlement Annuities

A structured settlement annuity offers personal physical injury parties the ability to design a flexible payment schedule to fit their needs. Periodic payments can be used to help ease the burden of lost earnings, pay for ongoing medical expenses, set up a college fund, as well as support a loved one.


Structured settlement annuities provide...

  • Income-tax-free1 payments
  • Guaranteed payments for your lifetime, a set period of time, or as lump sums
  • The option to defer payments out into the future

1Excludable from gross income under Internal Revenue Code (IRC) Section 104(a)(1) or (2).


For Use with Clients


Pacific Life, its affiliates, its distributors, and respective representatives do not provide tax, accounting, or legal advice. Any taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor or attorney.

All guarantees are subject to the claims-paying ability and financial strength of the issuing insurance company.

Pacific Life & Annuity Company will issue annuity policies if ANY of the following occur inside the state of New York: solicitation, sales, negotiation of settlement, court/legal action, or claimant/payee residence.

Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Insurance products are issued by Pacific Life Insurance Company (Newport Beach, CA) in all states except New York and in New York by Pacific Life & Annuity Company. Product availability and features may vary by state. Each insurance company is solely responsible for the financial obligations accruing under the products it issues.