Structured Settlement Annuity is an
arrangement whereby the plaintiff is awarded money scheduled to be
paid by the defendant in regular intervals. Depending on the terms
of the settlement, or annuity, these payments are usually made
monthly or annually. That's why many people now choose a
Structured Settlement Annuity agreement over a lump sum distribution, and
courts often award them in civil actions where there will be
long-term costs of living and the necessity for obtaining cash
payments at some point in the future.
A Structured Settlement Annuity is proven, effective solution for the
needs of many personal injury claimants. Claims professionals,
plaintiff attorneys, judges and defense attorneys advocate the use
of Structured Settlement Annuity because they effectively meet a
claimant's need for security, as well as provide more benefits
over time than a single, lump sum settlement. In addition, the
periodic payment concept can be applied to a variety of other
situations. |