J.G. Wentworth Annuity Purchase Program Featured in USA Today - Insurance News | InsuranceNewsNet

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December 9, 2009 Newswires
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J.G. Wentworth Annuity Purchase Program Featured in USA Today

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Copyright:  Business Wire
Source:  Business Wire
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BRYN MAWR, Pa.--(BUSINESS WIRE)-- J.G. Wentworth’s Annuity Purchase Program, which pays consumers cash in exchange for annuity payments, was recently featured in a USA Today supplement. The supplement, called Growing Up Again – A Guide to Living Healthy and Happy in Your Golden Years, offers information on healthcare, investments and travel. J.G. Wentworth Chief Marketing Officer Ken Murray was interviewed for an article in the supplement about the secondary market for annuities. “Every situation is unique, but the people we work with most often fall into two categories -- annuity owners who face unexpected large bills such as medical expenses or college tuition, and people who have inherited an annuity and want access to the underlying lump sum of cash now,” he said. The special edition was targeted to USA Today’s readership and circulation areas that have high levels of consumers at or nearing retirement age. “We are pleased to gain exposure to the USA Today readership,” said Mr. Murray. “The secondary market for fixed annuities is not well understood. This is an excellent opportunity to provide additional information to consumers who want or need to sell their annuity payments for cash to help resolve financial issues.” About the J.G. Wentworth family of companies J.G. Wentworth, Inc., based in Bryn Mawr, PA, is the nation’s oldest, largest and most respected buyer of deferred payments for illiquid financial assets like structured settlements and annuities. Since 1992, J.G. Wentworth has purchased over $4 billion of future payment obligations from consumers and is also the nation’s largest securitizer of structured settlement and annuity backed notes. For more information about J.G. Wentworth, visit www.jgwentworth.com. For J.G. WentworthDavid Evanson, [email protected] Source: J.G. Wentworth, Inc.

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