Sell Structured Settlement

If you currently receive monthly payments from a legal settlement, litigation, or job related accident, you may be eligible to use a structured settlement company to receive a lump sum of cash right now. These companies essentially pay you a large amount of money for the rights to your future monthly payments.

Once you decide whether you want to sell it or not, your next move is to find a buyer of structured settlement cash buyer. You need to decide at the outset how much of your annuity you are willing to part with for immediate cash. This decision is best made before numbers start flying at you from the various buyers. Sure, getting a lump sum of cash for a structured settlement is great, but if you are relying on the annuity income exchanging too much of it for a lump sum could have problematic results.

How much would she have lost? If the rated age of fifty-one is used the plaintiff has lost $514,938 over the guarantee period and $2,439,987 over the expected period. As you can see even a relatively small variation in rated ages, such as thirteen years, can have a profound impact on a case. To add another layer of complexity, you must then compare all of the rated ages with each particular life insurance company’s rates to determine the best possible deal. It is very important that you have all of the facts when a rated age is involved. Return to Top »

As an example, take the case of Ed. His highest rated age was from Allstate at fifty-three and $1,000 per month for life with a twenty year guarantee had a cost of $183,812. The second highest rated age at 38 was from Prudential and the same benefits had a cost of $202,374. Mass Mutual had the third highest at 35 and the same benefits had a cost of $212,358. Interestingly though the fourth best price was from Met which had one of the lowest age ratings at 14 but a cost of $216,314 which was lower than quite a few companies that had better age ratings.

In evaluating whether a structured settlement suits your needs, you must ask yourself what the settlement is intended to do for you. Is the settlement meant to compensate you because you can’t work or because your earning capacity is now diminished? If your answer is “yes,” a structured settlement should strongly be considered as a secure method to replace what you have lost on a monthly basis. Structured settlements are a great way to establish your “FedEx” money – the money you must have each month to live on and pay regular expenses. How would you feel if you lost part of your settlement?