Pacific Life Insurance Company is a financial services company that pays claimants according to the terms of their structured settlement annuities. Structured annuities provide future payments on behalf of defendants or their insurers in personal injury, wrongful death, and workers’ compensation cases. Claimants and their lawyers may agree to payments over time to help claimants manage their money or support their needs over a long period of time.
Are Structured Annuity Payments Taxable?
No, structured settlement payments that are based on physical injury, wrongful death, and worker’s compensation are not normally taxable. The tax status of a particular annuity may be found in the annuity contract or confirmed by contacting a team member at Pacific Life.
Can You Sell Your Pacific Life Structured Settlement?
Yes, you can sell rights to your Pacific Life structured settlement annuity payments. Technically you sell payment rights because the process assigns a new payee rather than handing over an asset like a painting.
Contact us if you’d like a free quote for some or all of your payment rights by completing the form that appears on this page or calling us at (877) 547-3672.
Pacific Life Contact Information
Website: ssa.pacificlife.com/home.html
Pacific Life Structured Settlements
Phone: (877) 784-0622, Option 1 – Sales help
Phone: (888) 728-5611 – Support after annuity issuance
Email: structures@pacificlife.com