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The Government is going to save Wall St.. AIG is one of the largest U.S. life insurance companies.

This is the largest insurance company with over $1 trillion dollars in assets and nearly 80 million clients and customers worldwide. AIG is the leader in the structured settlements annuities market.

If you have an structured settlement, do you have to worry? No you don’t. Life insurance companies, which includes annuities and structured settlements are govern under State Law and have special reserve accounts which the parent company can not touch.

The bailout of AIG by the Feds doesn’t effect the annuity and/or structured settlements part of their business.

The insurance laws guarantee that each and every annuity and/or structured settlement has a reserve set aside to cover all the obligations of that annuity and/or structured settlement.

All money or assets from life insurance section with reserve accounts are off limits, mandated by law. AIG may not borrow against or in any way touch this money.

In the case of AIG’s life insurance department, the state of Texas supervises and monitors each of these reserve accounts that that guarantees these annuities and/or settlements.

Not to worry, your money in your structured settlement is secure.