What is a Structured Settlement Annuity?

What’s a Structured Settlement Annuity?

A structured settlement annuity is a contract issued by an insurance coverage firm to fund the cost of damages for private harm over a time frame. It’s typically known as an insurance coverage settlement.

It ensures you or, within the occasion of your loss of life, your beneficiary a tax-free cost or a collection of funds over a hard and fast time frame. In some circumstances, the funds are life contingent which means they’re solely paid throughout your lifetime.

Most structured settlements are the results of a lawsuit.

Structured Settlement Annuity

Can You Promote Simply A few of Your Structured Settlement Funds or Do You Need to Promote Them All?

You possibly can promote some or all or only a portion of your funds. You determine what’s greatest in your monetary wants.

Should you solely promote solely a portion of your funds your insurance coverage firm will proceed to pay the unsold portion to you as and when they’re due.

As soon as You Settle for an Supply, What Are the Steps Concerned to Full Your Sale Transaction, and How Lengthy Does It Take to Get Paid?

At SELLMYSTRUSTUREDSETTLEMENT.ORG we perceive that your monetary targets rely upon finishing your sale transaction and getting paid within the quickest time permitted by regulation.

After you have accepted a proposal and ensure that you just wish to proceed with the sale we begin the sale course of as follows:

First Contact: Inside 2 hours of contacting us you’ll obtain our assured worth quote. At the moment our customer support professional will inform you of the switch and sale course of.

Authorized Paperwork: Inside 24 hours- you’ll obtain your authorized paperwork from us by FedEx in as little as 1 hour in the event you select to obtain them by e mail or fax.

Courtroom Course of: Inside 30 days- We are going to full the necessary courtroom course of as quickly as legally permitted. This might imply as little as 30 days relying on the State.

Fast Entry to your Cash- you receives a commission your cash by direct wire switch of instantly out there funds right into a checking account of your selection instantly upon completion of the authorized course of.

Anticipated Closing: From worth quote to funding the complete switch course of can take as little as 4 to six weeks, relying on the state through which you reside.