Title: Financial Security through Structured Settlements Word Count: 1068 Summary: Structured settlements have become a natural part of personal injury and worker’s compensation claims in the United States, according to the National Structured Settlements Trade Association (NSSTA). In 2001, life insurance members of NSSTA wrote more than $6.05 billion of … Keywords: structured settlement, structured settlements, Structured Settlements, Structured Settlement…
Tag: Settlements
The Advantages And Disadvantages Of Structured Settlements
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 injury, the more likely it will be that a…
Viatical Settlements Offer Comfort For Individuals Facing Terminally Illness
Terminal illnesses not only destroy lives, but they can also erode the financial stability of individuals and their families. A viatical settlement, however, can provide financial support and emotional comfort to those with serous diseases. A viatical settlement is simply the sale of the benefits of a life insurance policy to a third party. Viatical settlements, also called “viaticals”, allow…
Life Insurance Settlements The Details
If you have a life insurance policy there is a good chance that you have heard of “life insurance settlements.” But if you have not, there is no reason that you should worry. The fact of the matter is that life insurance settlements are not right for every policy holder, and even if you know what they are there is…
Everything You Nee To Know About Life Settlements
Life settlements are very interesting and in fact many individuals are unaware of their existence. Basically, a life settlement is when someone invests in an elderly person’s life insurance policy. What does that mean exactly? Keep reading, the answer is on its way. Many individuals have life insurance policies. In fact, lots of people buy large life insurance policies when…
Why Would A Company Want To Buy My Structured Settlement
There are several structured settlement companies and corporates that purchase structured settlements and offer a lump sum in exchange. The simple reason for a company to purchase a structured settlement is that it represents a good investment deal. Structured settlement payments from lottery winnings, royalty payments, and insurance annuities are income-tax free and are secured by federal and state regulations.…
Financial Security Through Structured Settlements
Structured settlements have become a natural part of personal injury and worker’s compensation claims in the United States, according to the National Structured Settlements Trade Association (NSSTA). In 2001, life insurance members of NSSTA wrote more than $6.05 billion of issued annuities as settlement for physical injury claims. This represents a 19 percent increase over 2000. A structured settlement is…
Getting Quick Cash For Your Structured Settlement
Just because you received a structured settlement for your lawsuit, it doesn’t mean you have to wait for years to get the money. There are many settlement purchasing companies that will give you instant cash for your structured settlement. These companies can pay cash for the entire structured settlement or purchase your remaining periodic settlement payments. You can spend this…
Guide To Life
Before this happens, it’s a highbrow admission to roll in on your stunt insurance if you can. A pertinent more desirable would be to applicable go to your insurance company and cash in on your policy itself. You’ll be able to recoup a surrender value, which is the amount which has already been paid on top of interest. A worthier…