A structured settlement is a type of annuity that pays a civil action reward by dividing payments over a long period. A structured settlement often offers a better money guarantee than a one-off payment. In the case of financial problems or major events in life, however, structured payments can be settled on a lump-sump basis.
Despite all legal language, structured settlement are simple. Many lawsuits ensure that someone or a company pays money for another person to correct an error. Claimants can accept the settlement themselves or they can be forced to pay the money if they lose the case in court.
If the settlement is small enough, the injured party can get the chance to obtain a global agreement. However, a structured settlement pension can be agreed upon for larger agreements.
In this case, the debtor deposits the money into an annuity, a financial product that guarantees regular payments from an insurance company.
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Despite all legal language, structured settlement are simple. Many lawsuits ensure that someone or a company pays money for another person to correct an error. Claimants can accept the settlement themselves or they can be forced to pay the money if they lose the case in court.
If the settlement is small enough, the injured party can get the chance to obtain a global agreement. However, a structured settlement pension can be agreed upon for larger agreements.
In this case, the debtor deposits the money into an annuity, a financial product that guarantees regular payments from an insurance company.
Video Conferencing Solutions Share Help your people collaborate from anywhere. Our video conferencing solutions help you catch every nuance and get more done.
Give your teams the space and tools they need to collaborate more effectively. Provided rooms equipped with HD video conferencing systems and HD content sharing.
.
When you use Polycom or partner services, you can:Strategize on how best to prepare your environment for new technology Reduce risks and minimize impact to your production environment
Get the best, most appropriate product and solutions support available Augment your internal resources with expert technical consultants and operations.
CLICK HERE TO SEE NEWS
