Insurance Settlements

Before understanding the concept of insurance settlements, it is important to understand the term structured settlements. Structured settlements are basically periodic payments made to a consumer as a result of a personal injury lawsuit.

Birth Injury Settlements

Birth injury refers to any kind of physical injury to a newborn during or right after birth. They are highly probable if the infant is bigger than normal or is premature. Bigger babies are hurt when they get caught in the mother’s birth canal, or by the physician’s efforts to pull out a baby with forceps. The injuries are caused by delay in treatment, miscalculation in timing, wrong medication and medical negligence.

Neck Injury Settlements

Neck injuries are caused by automobile accidents, or by physical trauma like slips and falls. Most neck injuries are not serious, but some that are seemingly innocuous can cause major problems later on. It is always best to consult a physician and a personal injury settlement attorney if you have been involved in an accident and suffer a neck injury.

Pros and Cons of Structured Settlement Mutual Funds

With structured settlement mutual funds, however, the money is invested in one or more mutual funds. Mutual funds are groups of individual equities (stocks), the make-up of which is closely managed in an effort to maximize returns.

The Two Sides of Structured Settlements

There are companies on both sides of structured settlements. Do you need to resolve a claim or factor an annuity you are already receiving?

Senior Life Settlements: An Introduction

A Senior Life Settlement means the sale of an insurance policy to a third party at a value less than the face value of the policy. The buyer of the policy is liable to pay all future premiums on the policy, while the original holder of the policy gets a lump sum in cash. This lump sum is an amount that exceeds the cash value of the policy accrued till that date.

Licensed Senior Settlement Company

A Senior Settlement Company is an establishment that buys unwanted policies from senior citizens and sells them off to other interested parties. The company becomes liable for all further premiums on the policy and its benefits, once the policy is bought by it from the original policyholder. The responsibilities of Senior Settlement Companies include buying the policy from the senior policyholder, customizing it according to present-day requirements, introducing it to interested parties and inviting bids, selling it to the highest bidder and compensating the original policyholder a lump sum amount in cash. These companies also maintain the current funds of the policyholder in an escrow account till such time as the policy is sold to someone else.

What is a Cash Structured Settlement?

What is exactly is a cash structured settlement? Basically a cash structured settlement occurs when there is an insurance company that provides scheduled payments to a person as a result of a claim settlement. In other words, a structured settlement is a monetary package that allows for payment of a settlement to occur through scheduled installment payments for a period of time.

What Is A Structured Settlement?

A structured settlement is an alternative payout for a person who has won a lawsuit as a direct result of a worker’s compensation claim, wrongful death or accident. With a structured settlement there is an agreement between both parties that the payment will be made over time instead of in one lump sum.

Is Selling A Structured Settlement A Good Investment?

Before one decides to sell his structured settlement for another investment opportunity; it is worthwhile to consider the pros and cons of such an action. The most important advantages of structured settlements include regular payments that are free from income tax and are secured by state and federal laws.

Do I Really Want A Structured Settlement Company?

An individual who receives a large cash award can take the services of a structured settlement company and avail the cash in a variety of ways. The settlement amount is paid by a defendant in litigation and it takes a long time for the beneficiary to acquire the total amount.

Structured Settlement Loans

Structured settlement loans are given against plaintiffs’ periodic claim settlements. Court judgments where a structured settlement is awarded are called periodic payment judgments. If a claimant has been awarded a financial resolution in which he or she will receive periodic payments instead of a lump sum, a loan may be extended against the value of the settlement.

Structured Settlement Annuity Essentials

Learn about Structured Settlement Annuities and how annuities play a truly critical part in financial, retirement and estate planning.