A structured settlement is a type of annuity arranged with an insurance company. Structured settlements are typically issued to individuals who have suffered harm as a result of a personal injury.
In some cases where the victim is owed money from another party as a result of a personal injury, the federal government encourages these victims and their families to utilize structured settlements issued by the insurance company who insured the party at fault.
For example, if you were injured in a car accident, you may receive a structured settlement from the insurance company that covered the driver responsible for the accident. Some of the lawsuits that can result in a structured settlement: Personal Injury. If someone was injured in an accident and another party is found responsible, they may offer to compensate the victim with a structured settlement annuity.
If you have experienced some loss as a result of a faulty product or other loss resulting from the misconduct cimb cash plus personal loan table a company or individual, that claim could be resolved with a structured settlement annuity. Harassment. If you have encountered behaviors which are offensive, threatening, or disturbing, your claim can be resolved by receiving a structured settlement annuity.
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