Would Southwestern Life annuity contracts issued in 1988, maturing 2021 have any value?

It's possible that Southwestern Life annuity contracts issued in 1988 and maturing in 2021 could have value, but it would depend on a number of factors. An annuity is a financial product that typically provides a guaranteed stream of income for a set period of time, often in retirement. Annuities can be structured in a variety of ways, including as fixed annuities or variable annuities. If you or someone you know purchased a Southwestern Life annuity contract in 1988, it's possible that the contract could still be in force and may be approaching maturity in 2021. The value of the contract would depend on the specific terms and conditions of the contract, including the initial premium paid, the interest rate or rates guaranteed or offered over the life of the contract, and any fees or charges associated with the contract. If the contract is a fixed annuity, the value may have accrued interest over time, and the contract may have a guaranteed minimum interest rate that would provide a minimum return on the initial premium paid. If the contract is a variable annuity, the value may be tied to the performance of underlying investments, and the contract may have additional fees or charges associated with it. It's important to note that insurance companies can and do go out of business, and policies and contracts may be transferred or sold to other companies over time. If Southwestern Life is no longer in business or if the company has transferred ownership of its annuity contracts to another company, it may be necessary to track down the current owner of the contract in order to determine its current value. If you or someone you know is in possession of a Southwestern Life annuity contract that is approaching maturity in 2021, it's recommended that you review the terms of the contract and contact the insurance company or current owner of the contract to determine its current value and options for payout or renewal.