What is a Structured Settlement?
It is a tax-free fixed annuity available for the benefit of individuals, and their families, involved in personal physical injury disputes and workers compensation claims as defined under IRC Section 104(a)(1) and (2).

How does a Structured Settlement Work?
1. Defendant and Claimant reach a settlement which includes the Claimant receiving multiple payments in the future.
2. Defendant transfers the obligation to make these payments to John Hancock Assignment Company (JHAC) in exchange for valuable consideration (as required by law).
3. JHAC purchases an annuity from John Hancock¹ to fund the obligation to make the payments (payments are guaranteed by John Hancock¹).
4. John Hancock¹ makes the benefit payments to the Claimant.

Please reference the below chart from our Structured Settlement brochure.

Who should I contact for Structured Settlement quotes?
John Hancock Structured Settlement Annuities are distributed by a select group of brokers throughout the United States and Puerto Rico. To locate a broker in your area, please click on the Find a Broker tab above.

John Hancock¹ began offering Structured Settlement Annuities in 1999 with the goal of becoming a prominent carrier in this dynamic marketplace. Since then we have established a strong market share with current assets under management exceeding $1 Billion (as of 6/30/2006). Our success can be credited to several factors. Not only has John Hancock¹ earned excellent financial strength and claims paying ability ratings as noted by the major rating agencies, we also employ a diverse and talented team that has provided the innovation and dedication required to achieve success in this competitive market. The Vision and Values publication provides further insight into our corporate culture. For more information regarding our financial strength and personnel, please visit our Document Library and Staff Bios tabs above.

John Hancock¹ is a member of the National Structured Settlements Trade Association as a "Provider Company". For more information, please call us at (866) ASK JHSS or email us here.

*All guarantees are subject to the claims paying ability of the issuing insurance company.

John Hancock Assignment Company is the assignee obligated to make the payments to you backed by an insurance policy issued by John Hancock Life Insurance Company (U.S.A) and John Hancock Life Insurance Company of New York.

John Hancock Assignment Company
John Hancock Life Insurance Company (U.S.A.) and John Hancock Life Insurance Company of New York
Boston, MA 02110