Structured Settlements

Life Settlements are becoming more regulated and monitored throughout the financial services industry, and it is important to know the facts about life settlements. A life settlement, also known as a senior settlement, senior life settlement or life insurance settlement is the sale of a life insurance policy whereby the …

A structured settlement is an arrangement where instead of a lump sum of cash being awarded to a claimant, a tax-free periodic payment is agreed. Structured settlements are often used in guardianship cases, workers compensation cases, wrongful death cases and severe injury cases. Research has indicated that the more severe …

The process of arriving at a structured settlement is through negotiations concerning the value of the annuity and payment schedule. The process involves primarily a claimant and the life insurance company; if the structured settlement annuity is related to litigation, it will involve the defendant as well. As per the …