DID YOU KNOW:STRUCTURED ANNUITY SETTLEMENT

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A structured settlement is a type of annuity that pays out an award from personal injury cases, lottery winnings, workers' compensation claim or any form of legal settlement in a lump sum with certain tax advantages. Structured settlement owners receive periodic tax-free payments over time in accordance with the terms, but can also cash out lump-sum buyouts.

PEOPLE CHOOSE IT BECAUSE;

Personal Injury

A plaintiff wins a large jury award or settles a claim for a large sum, and the amount is structured into monthly or annual payments over time. Those payments help recipient pay for medical expenses or other costs.

Wrongful Death

A common way to compensate the family of someone whose death was the subject of a wrongful death claim.

Workers' Compensation

Structured settlements are used to pay workers who get injured on the job while they recover from their injuries.