LYCOS RETRIEVER 
Insurance Settlement
built 659 days ago
When insurance companies arrange a structured settlement for a payment recipient they purchase an annuity for a discounted rate. An annuity is an investment account. The annuity will reach its maximum value at the end of the agreed period of time (... many years you will receive payments). The payments made to the victim include principal and interest. Similar to a savings account receiving interest every month, the interest is accrued on the value of the annuity (the amount the annuity was purchased for). If you sold your annuity prior to its maturity, it would not have collected enough interest to reach the expected value.
The following settlement documents have received the preliminary approval of the Court in the case of James Williams, et al. v. United Insurance Company of America, et al., No. CV 01-930, Circuit Court of Jefferson County, Alabama (Bessemer Division). The Court has scheduled a Fairness Hearing for August 27, 2002.
Source:
Why not become a member of SettlementCentral.Com TODAY, and join hundreds of satisfied claimants who are working "self-help" online to achieve a fair and reasonable settlement of their personal injury insurance claims? Join SettlementCentral.Com Now!
Source:
Negotiating a settlement with an insurance adjuster demands a business like attitude and a good understanding of the claims process. And of course, it takes preparation. To prepare for such negotiations there are three things to remember: know your rights, have thorough documentation, and be able to verify your claim. By being prepared in this way your negotiating skills will be utilized most effectively.
Source:
MORE ABOUT
Insurance Settlement