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 [...]

Sometimes if a claimant is a case for a large sum of money, the defendant, the lawyer for the plaintiff, or consult a financial planner in cooperation with the settlement, the payment of the settlement in installments over time rather than an amount. Where arrangements are paid in this way is a structured settlement. Often [...]