The Centers
Structured Settlements

How Structured Settlements Work

Structured settlement payments are paid to the claimant through a structured settlement annuity, a contractual obligation from a life insurance company. The insurance carrier agrees to pay the claimant predetermined amounts for a fixed period of time in return for a certain premium. Payment amounts can be issued to the claimant as single lump sums, fixed monthly payments for a certain period or for life, annual lump sums, or any combination of the above.

For more information on structured settlements and how they work, click here to contact us

The Centers