What Is A Structural Payment Annuity?
What is a structural payment annuity?
Structural payment annuity is a contract issued by an insurance company, which is used to pay compensation for personal injury damage within a certain period of time. It is sometimes called insurance settlement.
In addition, in the case of you or your death, your beneficiary can receive tax-free payments or a series of payments within a certain period of time. In some cases, the money will be paid for a lifetime. This means they only pay in the year of your birth.
Most structural settlements are the result of litigation.
Structurally settled annuity
Can only sell part of structured payments? Or should we sell them all?
You can sell in part or pay in whole or in part. You decide what best suits your financial needs.
If you sell only part of the payment, your insurance company will continue to pay you the unsold part when it is due.
Once the quotation is accepted, what steps will it take to complete the sales transaction and how long will it take to get paid?
In SELMISTRUSTEDSETTTLEMENT, ORG understands that your financial goal depends on completing the sales transaction and getting paid in the shortest time allowed by law.
When you accept the quotation and confirm that you want to continue the sales, we will start the sales process in the following ways:
First contact: You can get warranty price quotation within 2 hours of contact. The customer service specialist will inform you of the transfer and sales process.
Legal documents: Within 24 hours – If you choose to receive legal documents via email or fax, you will receive legal documents via federal mail within 1 hour.
Court proceedings: within 30 days – complete the compulsory court proceedings as soon as the law allows. It may only take 30 days a week.
Immediate access to funds – Once the legal process is complete, you can immediately deposit the available funds directly into the selected bank account to obtain funds.
Estimated payment: According to the state where you live, the whole transfer process from quotation to financing may take only 4 to 6 weeks.
