Why Sell Structured annuities & Payments from Insurance Settlements?
A structured settlement is essentially a financial agreement whereby compensation from an insurance settlement is paid through an annuity via regularly scheduled installments over a fixed period, often years (instead of being paid via a single lump sum payout). In many cases, settlement recipients prefer to sell their annuity payments from structured settlements in order to be free of their restrictive schedule of disbursement or to receive a lump sum cash buyout. Federal and State laws allow for you to sell your deferred payments from a structured settlement for a lump sum of cash now. Request a FREE QUOTE or visit our Requested Documents Section below for more information. HOW ARE INSURANCE SETTLEMENTS STRUCTURED? An insurance company typically purchases an annuity with substantially less than your initial settlement. This annuity then pays a combination of principal and interest over an extended period of time, and will earn enough to cover your monthly payments. Now you can sell yo
Related Questions
- Can I sell my structured settlement payments if my state does not have a law specifying how the sale of structured settlements should be handled?
- In what states does Rapid Settlements purchase structured insurance settlements, annuities, and other long-term obligations?
- Why Sell Structured annuities & Payments from Insurance Settlements?
