Advantages of a Structured Settlement
A structured settlement helps bridge the gap between the demand and the offer.
For the Claimant
- In physical injury cases, all payments are tax-free to the injured party and his or her beneficiaries
- Payments can be tailored to meet the future needs of the injured party and/or his or her family
- Payment types include: Lifetime, Guaranteed Period, Single Lump Sum, Cost of Living Adjustments, Others and any combination of these
- Structured settlement annuity payments are guaranteed/fixed and not subject to change regardless of changes in the finacial markets
- Prevent the posibilty of dissipation
For the Defense
- End re-investment, mortality and morbidity risk
- End all administration (and expense) and CLOSE your file
- Settle claims at present value (with the added benefit of a rated age) and save money
- Encourage claimants to settle with payments that are guaranteed, have no investment costs or market risks and prevent the possibility of dissipation.
