| Structured Settlement
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Structured Settlement: A Structured settlement is a financial package permitting a settlement to be paid in regular installments either for a fixed period or for the lifetime of the claimant. The structured settlement payment is usually made through purchase of a annuity from a Life Insurance Company. Structured settlements are used to resolve personal injury claims. According to the National Structured Settlement Trade Association, for nearly 20 years, the federal government has recognized and encouraged the use of structured settlements in personal injury cases. |
