Archive for the 'Settlements & Annuities' Category

Dec 07 2007

Life Insurance Settlements?

Published by TCF under Settlements & Annuities

A Life Insurance Settlement, also called Life Settlements or a Senior Settlement, is an industry term used to describe the sale of an unwanted, unneeded or unaffordable life insurance policy in the secondary marketplace.
As people age, the life insurance policies they needed to protect their families and businesses when they were younger often become unnecessary, [...]

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Oct 23 2007

What is a Structured Settlement?

Published by TCF under Settlements & Annuities

The structured settlement is a settlement option that provides an alternative to a lump sum cash settlement offer. Structured settlement payments are guaranteed. They may be established as installments over a specified length of time (i.e., monthly for 10 years), in future lump sums (i.e., annually for the next five years), or a combination of [...]

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Oct 13 2007

Selling a Structured Annuity

Published by TCF under Settlements & Annuities

If you suffered a serious personal injury, sued the responsible party and won your lawsuit, chances are that you’re receiving the proceeds of your lawsuit settlement over time, in the form of a structured settlement annuity. Your payments arrive like clockwork, either monthly, quarterly, annually or on some other pre-determined periodic payment schedule.
Frequently however, structured [...]

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