Independent Life will ensure that structured settlement payees are confident in our ability to meet our financial obligations in a timely and accurate manner. Effective investment management is an essential factor supporting the trust they have placed with Independent Life. Beginning with a strong balance sheet, adequate liquidity and risk management, Independent Life will have an approach to investing that meets those criteria.
Our Investment Policy Statement reflects our responsibilities to our payees. Every investment we make will meet the legal requirements of our state regulator and minimum portfolio standards. Independent Life will have a properly diversified, high quality bond portfolio along with other carefully selected investments within acceptable risk parameters.
To achieve these goals, Independent Life has chosen to work with one of the major insurance industry asset managers to implement and execute our investment management objectives. That firm will partner with Independent Life to accomplish our investment management goals by providing strategic advice and best-in-class execution of portfolio management.