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• Structured Settlement: Some Basics

  By: Kenneth Conger
  Explanation:In basic terms, a structured settlement is an action taken by an Insurance Company under agreement with the plaintiff, the plaintiffs lawyer and a financial advisor to arrange for periodic payments of a large sum of cash that was awarded to the plaintiff as part of a bodily injury claim or law suit. This same agreement can also be established for surviving members of the family. Regular installments can be paid over the lifetime of the injured party or for a set time period.More

• Explanation of Structured Settlements

  By: Kenneth Conger
  Before you can make a decision on whether you want a lump sum or monthly payments you first need to know what a structured settlement is. Let's break the terms apart and give a quick description of each.Settlement:If you were involved in an accident at work (workers compensation claim), been involved in an automobile accident, or a wrongful death case and won that lawsuit then you were awarded a settlement.More