A Primer on Structured Settlements for Plaintiffs who settle personal injury claims. A structured settlement pays you periodic payments over time instead of a single lump sum. Periodic payments can be structured in a number of ways to suit your needs and to protect you from inflation. They can range from a simple yearly payment to complex arrangements consisting of an initial lump sum payment, monthly indexed payments, deferred payments, and special provisions relating to the future care or death of the insured.
Advocated by the Legal Industry
A structured settlement is a proven, effective solution for the needs of many plaintiffs who have been the victims of unfortunate accidents, injuries and medical complications. Claims professionals, plaintiff attorneys, judges and defense attorneys advocate the use of structured settlements because they effectively meet a claimant's need for security, as well as provide more benefits over time than a single, BIG PAYDAY. The periodic payment concept can be customized to your special situation.
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