by Structured Settlement Watchdog
Who is Clearscape Funding Corporation?
Clearscape Funding Corporation is a subsidiary of Symetra Financial Corporation that engages in the factoring of structured settlement payments for annuitants of Symetra Life Insurance Company. Symetra originally was a rebrand of SAFECO lIfe Insurance Company after a spin off.
Does Symetra Still Write Structured Settlements?
Symetra still writes annuities but has not been active writing structured settlement annuities since 2012.
The Reinsurance Agreement with Resolution Re
On Sept. 11, 2018, Symetra announced that it entered into a reinsurance agreement with Resolution Re, covering Symetra’s structured settlement annuity contracts and a smaller block of income annuities. Payment and service options for customers were not affected by the reinsurance agreement said Symetra in an FAQ to annuitants still posted on its website. Your payment and service options are unaffected.
Links to Clearscape Funding and Symetra
Clearscape Funding Corporation – Financial Professionals
Selling your periodic payment rights in any structured settlement is financing of last resort
Always seek Independent Professional Advice
Last updated April 27, 2025
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