The Hartford Financial Services Group inc. said on Tuesday that it is re-entering the structured settlement annuity market as part of a broader strategy to expand its annuity business, the Associated Press reports.
The company?s Hartford Life Insurance Co. unit is issuing a structured settlement fixed annuity that provides tax-free payouts to people who receive settlements related to a workers? compensation or personal injury claim. the periodic payments deliver regular income.
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The Hartford re-enters structured settlement annuities
Source: http://www.finance4noobs.com/the-hartford-re-enters-structured-settlement-annuities/
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