A structured annuity settlement can be explained clearly as a situation where in a certain insurance company releases cash installments as payment to a qualified person who met an accident. In circumstances like this, cash payments are given for every period or installment. In general, the claimant will receive this money as long as he or she is alive. The installment of the cash might be paid through several ways like lump sums, cash settlements or flat-rate amount.
You may wonder regarding the underlying mechanism which drives it? Structured annuity settlement is usually a long term contract....
Showing posts with label Annuity Settlemen. Show all posts
Showing posts with label Annuity Settlemen. Show all posts
