The Havelet Fixed Plan is designed to provide a fixed payment rate for qualified and non-qualified cases. Payments are reinsured by FGL Holdings, a life company that specializes in reinsurance solutions through the assumption of life and fixed annuity obligations while the portfolio is invested by a division of The Blackstone Group, a leading A+ rated global investment firm.
Unlike traditional fixed annuities, the premium for each annuity is separated from the insurance company's general account. Each client's assets are held in a segregated client trust account with Winchester Trust Company serving as Corporate fiduciary. In addition, Fidelity Investments acts as the independent custodian of these assets; providing yet another layer of client protection.
All assets remain onshore for the duration of the contract.
Expanded investmentment opportunities enable the Havelet portfolios to outperform those of traditional fixed annuity providers. An illustration will be created for each case and rates of return will vary depending upon payment and deferral constraints.