Structured settlement


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Structured settlement

An agreement in settlement of a lawsuit involving specific payments made over a period of time. Property and casualty insurance companies often buy life insurance products to pay the costs of such settlements.

Structured Settlement

The judgment or final agreement in a lawsuit where one party (usually the defendant) pays the other party (usually the plaintiff) a certain amount of money over a long period of time. A structured settlement allows the "winning" party to receive a large amount while still making payment affordable for the other party. Some companies purchase insurance policies where the insurance company pays any structured settlements that may arise.
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1 million increase in revenues generated by the Structured Settlement Payments segment's ("Structured Settlements") revenue driven principally by a USD 16.
A court case is drawing attention to the process structured settlement consultants use to match annuities with claimants.
About NSSTA: Since 1985, the National Structured Settlements Trade Association (NSSTA) has been the leading voice of the structured settlement industry, representing more than 1,200 professional structured settlement consultants, life insurance industry leaders, property casualty company claims officials and lawyers from across the United States and Canada.
The structured settlement annuity market is looking up thanks to significant growth over the last two years.
According to the company's announcement on Monday, the subsidiary it plans to sell consists mainly of structured settlement and group annuities.
There are multiple reasons that a life insurer should look at starting a structured settlement annuity program.
As part of the settlement strategy, I recommended starting the negotiation with a combination of cash and a structured settlement.
Cash plus a structured settlement designed by a structured settlement consultant leverages the claim professional's settlement autonomy, providing far greater flexibility and appeal than a lump sum cash offer.
The Hartford is re-entering the structured settlement annuity market as part of an ongoing strategy to grow its annuity business.
Structured settlements are used to provide long-term financial security in physical injury cases, by providing the injured party with periodic payments tailored to meet medical expenses and the needs of basic living.
A structured settlement recipient can avoid disqualification from public assistance when the annuity is used in conjunction with the appropriate trust.
Sample documents include a case intake form; a client letter; client education materials; a client acknowledgement; Medicaid, Medicare, and ERISA correspondence; a structured settlement agreement; and both a motion to approve and an order approving settlement.
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