Monday, February 13, 2012
History of the Structured Settlement Industry
Human beings receive structured settlement payments as the result of legal action. One party sues another, a settlement is reached, and the defendant agrees to constitute payment over age. The defendant, in conjunction with an insurance corporation, buys an annuity policy from another insurance corporation. The annuity policy makes payment immediately and in the prospect to the original lawsuit's plaintiff. More information: click
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