Structured settlement Annuity companies Before discussing about this we would like to tell that What is Structure Settle.
so A structured settlement is a negotiated financial or insurance arrangement or discussion whereby a person agrees to solve or resolve a personal injury tort claim by receiving and getting some part of the settlement or arrangement in the form of periodic payments on an agreed schedule, rather than as a lump sum.
So in this both parties and companies agrees on all condition by the settlement without any issues so as talk about the usage of this annuity then it was started in Canada, now we have annuity then it is an annuity, or sequence of payments at fixed intervals.
Paid while the purchaser is alive so in short words Structure settlement companies for annuity are those which are able to benefit a person not in his life but also after the death or may be in the time of injuries or other kind of issues.
So these companies are helpful for the annuitant as in the time of start or invest in a business, fund a college education, pay off a debt, divorce or invest, repair a home, marriage of children and many others so these companies can be helpful in just of 45 days.
That of a person or annuitant therefore he is able to receive money in this short span of time with full settlement of the companies but one thing must be in mind that every company have their own settlements or policies so there may be difference in transaction of every annuity company.
After full settlement if a person wants to sell his annuity then he should must keep in mind that offers that he is getting is reasonable or fair and he is must getting some kind of benefit from this settlements.