Independent Life Launches iStructure Select: A New Era in Structured Settlement Solutions

FORT WORTH, Texas, June 17, 2025 /PRNewswire/ -- Independent Life Insurance Company, the only provider focused exclusively on structured settlements, is proud to announce the official launch of iStructure Select, an innovative, index-linked structured settlement annuity, designed to meet the evolving needs of plaintiffs and their attorneys.

Created for those seeking more control, higher growth potential, and lifelong security, iStructure Select represents the next generation of structured settlements. With built-in flexibility, enhanced market participation, and customizable index strategies, this product was purpose-built to help plaintiffs and their families achieve stronger financial outcomes.

"iStructure Select is more than just another product, it's a fully digital structured settlement solution designed for end-to-end efficiency, from illustration to final payment and everything in between," said George Luecke, President of Independent Insurance Group and COO of Independent Life. "By combining technology, protection, and growth potential, this time with the added dimension of index choice from world-renowned financial institutions, it's the latest step in our ongoing commitment to delivering innovation to our brokers and payees."

Unlike traditional fixed annuities, iStructure Select allows clients to participate in market-driven growth by linking their structured settlements to leading financial indexes, including the S&P 500^®, Nasdaq-100 Volatility Control 12%™ Index, and Franklin BofA World Index™.

"We're seeing strong enthusiasm from advisors who recognize how iStructure Select expands their ability to deliver meaningful value to clients," further commented Mikel Taft, Chief Business Development Officer at Independent Life. "It's not just innovation for its own sake; it's a practical tool that helps resolve cases, build trust, and secure better outcomes. Just as important, it rounds out our product family that enables complementary strategies to meet a wide range of client needs."

ABOUT INDEPENDENT GROUP 

Founded by insurance industry experts, Independent Group is a forward-thinking enterprise whose complementary product and service companies improve outcomes for all structured settlement stakeholders. Independent Life, its underwriting division, is dedicated to providing structured settlement solutions, including annuities, to serve the needs of injured parties, their families and advocates. With its unique profile and ambitious vision for the structured settlement industry, Independent Life has attracted world-class partners: LKCM Headwater Investments, KKR's Kilter Finance and Hannover Re USA support Independent Life's growth and guarantees. For more on what makes Independent Life different, visit www.Independent.life.

S&P 500^®

The S&P 500^® is a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI") and has been licensed for use by Independent Life Insurance Company ("ILIC").  S&P^®, S&P 500^®, US 500, The 500, iBoxx^®, iTraxx^® and CDX^® are trademarks of S&P Global, Inc. or its affiliates ("S&P"); Dow Jones^® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). iStructure Select is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500.

Nasdaq^®

Nasdaq^® and Nasdaq-100 Volatility Control 12%™ are registered and unregistered trademarks of Nasdaq, Inc. The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither Nasdaq, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies or Nasdaq proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED. © 2025. Nasdaq, Inc. All Rights Reserved.

BOFAFWD5

The Franklin BofA World Index™ (the "Index") has been created and is owned by BofA Securities, Inc. and its Affiliates, based on an index licensed from Franklin Templeton Companies, LLC (collectively, "Licensors") and the Index has been licensed to Independent Life Insurance Company ("Independent Life"). Neither Independent Life nor any fixed index annuity ("Product") is sponsored, operated, endorsed, sold or promoted by Licensors.  Obligations to make payments under any Products are solely the obligation of Independent Life pursuant to the term of the contract between Independent Life and you, and are not the responsibility of Licensors.  Licensors indices and related information, the names of the Licensors, and related trademarks, are intellectual property licensed from Licensors, and may not be copied, used, or distributed without Licensors' prior written approval.  The Products have not been passed on as to their legality or suitability, and are not regulated, issued, endorsed, sold, guaranteed, or promoted by Licensors.  LICENSORS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE INDICES, ANY RELATED INFORMATION, THE TRADEMARKS, OR THE PRODUCT(S) (INCLUDING WITHOUT LIMITATION, THEIR QUALITY, ACCURACY, SUITABILITY AND/OR COMPLETENESS).

CONTACT:
Courtney Barber | Media Contact
cbarber@independent.life

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SOURCE Independent Insurance Group LLC