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What is a lump sum insurance settlement program?

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What is a lump sum insurance settlement program?

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A Lump Sum Insurance Settlement program is a specialized financial service that helps you get your insurance settlement payments in one lump sum. Instead of waiting for the fixed payments from your insurance settlement, you get a lump sum of cash now in advance of your insurance settlement payments. Insurance settlements are structured settlements that pay in installments spread over a period of time. The payments provide you with long-term, guaranteed fixed income. But your financial needs may change over time and the fixed future payments may no longer meet your needs. Unfortunately, insurance settlements do not allow you to restructure an increase to your payment amount or get advances on your payments. How does a lump sum insurance settlement program work? A lump sum insurance settlement program connects you to a buyer of structured settlements who will buy settlement payments from your insurance settlement and pay you a lump sum value for those payments. You sell future payments f

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