If you are receiving payments through an annuity you can now receive a lump sum settlement (CASH NOW) instead of waiting for the payments to trickle in. In addition you can receive a cash advance and keep part of the monthly or annual income too!

WWC Loan will purchase assignable and non-assignable annuities and structured settlements. Prices vary. Call, fax or E-Mail a request for a purchase price evaluation. There are no closing costs associated with the purchase of Annuities or Structured Settlements. Yield requirements vary and are based on the following criteria:

1. Term being purchased

2. Ratings of the insurance company

3. Credit rating of the annuitant

Non-Assignable Annuity

Below is a checklist of documents required to underwrite the purchase of a Non-Assignable Annuity or Structured Settlement:

1. Complete copy of the Annuity policy

2. Copy of the application from the insurance company

3. Release & Settlement Agreement

4. Copy of Annuitant's Drivers License and S.S. Card

5. Court Judgment (if applicable)

6. Any Divorce Decree entered since the settlement was made

7. Name, address, social security number, and work and home phone numbers of the Annuitant

8. Any Assignments, Revisions, or other important documents related to the Annuity or Settlement Agreement.

9. Copy of the most recent check or payment

10. Name, address and phone number of the issuing insurance company

11. Name, address and phone number of the company who purchased the policy (i.e. Owner)

12. The Annuitant will be required to fill out an application from us to process the purchase

13. Customer's reason for selling the annuity (very important !!!)

****Please note Leader Financial Corp. will NOT purchase an Annuity involving a minor.

Assignable Annuity

The following are documents required to underwrite the purchase of an Assignable Annuity:

1. Complete copy of the Annuity policy. Include the application from the insurance company.

2. Name, address, work and home phone numbers of the Annuitant

3. Name, address, and phone number of the issuing insurance company (i.e. Issuer)

4. Copy of Annuitants Drivers License

5. Social Security Number of the Annuitant

6. The Annuitant will be required to fill out an application from us to process the purchase.

7. Customer's reason for selling the annuity (very important)

Terms of Pay Out

Always include the Schedule Payout of the Settlement with every Annuity, both Assignable and Non-Assignable, and Structured Settlements. Schedule Payouts should consist of the following:

1. Total amount of the settlement

2. How payments are made (monthly, annually, or any balloon payments)

3. First payment made

4. Next payment due

5. Guaranteed portion of payout (Term Certain)