Immigrant Settlement

Structured Settlements

Immigrant Settlement

Structured Settlements 101 How Structured Settlements Work
Adam Short

You have probably heard the term "Structured Settlement" on a television or print ad and wondered what it meant. After all, the term is not a part of our everyday lexicon.

A structured settlement is a contract under which an insurance company undertakes to make periodic payments to an injured party as part of a bodily injury claim settlement or to a surviving family member to whom a large settlement has been awarded. These are just two examples of where a structured settlement might be used. Structured settlements have become popular because they offer substantial benefits to all parties involved in the settlement agreement.

A brief review of the dictionary reveals the follo...
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Structured Settlement