Structured Settlements

A viatical settlement is the process by which a terminally ill person, whose life expectancy is not more than two years, can sell his life insurance policy to another person. The investor buys the policy at a cost that is only a percentage of the principal amount, and then, after …

When you have a life insurance policy, you may think that the only way you can get money from the policy is for you to die! Luckily, there is another way in which you can use the value of your life insurance policy to get cash. If you have a …

Structured settlements are structured cash payments via an annuity scheme that is normally established to compensate claimants for their losses (mainly due to injuries). Introduced in United States in the early 80s, structured settlements stand as an alternative to large lump sum cash settlement. When structured settlement payment is applied? …