LYCOS RETRIEVER 
Structured Settlements: Claimants
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One of the biggest advantages of structured settlements is they provide income on a regular basis. They can be structured to provide the claimant with the proper amount of income to cover medical and living expenses.
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Coming back to structured settlements, they are sometimes called periodic payments too. Structured settlement is a financial or insurance arrangement, including periodic payments, that a claimant accepts to resolve a personal injury claim or to compromise a statutory periodic payment obligation. You can find more information on the legal stuff HERE.
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Structured Settlement payments can be designed to meet a claimant's needs today and tomorrow—even if that's decades from now. Claimants are assured that funds will be there when they need it, whether for medical expenses, educational expenses, basic living requirements, or for specialized health care needs that may arise in the future as a result of the injury.
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People who are entitled to structured settlement payments oftentimes have long-term medical expenses related to the accident. Annuity payments are typically structured to provide the claimant with the means to pay for medical and living expenses; particularly if they are unable to work.
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With a structured settlement, the claimant receives a variety of benefits including tax-free income and options for guaranteed payments, lifetime income and increasing benefits. In other words, the funds are certain to be there when needed.
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A structured settlement can be beneficial for claimants needing income for basic living needs, future college funds, medical expenses, retirement assistance and long-term financial security. We’ll carefully design and time your annuity payments to meet your needs now and decades from now.
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