A structured settlement is a financial or insurance arrangement whereby a claimant agrees to resolve a personal injury tort claim by receiving periodic payments on an agreed schedule rather than as a lump sum. Structured settlements were first utilized in Canada after a settlement for children affected by Thalidomide. Structured settlements are wi...
Found on
http://en.wikipedia.org/wiki/Structured_settlement
An agreement in settlement of a lawsuit involving specific payments made over a period of time. Property and casualty insurance companies often buy life insurance products to pay the costs of such settlements.
Found on
http://www.duke.edu/~charvey/Classes/wpg/bfgloss.htm
An agreement in settlement of a lawsuit involving specific payments made over a period of time. Property and casualty insurance companies often buy life insurance products to pay the costs of such settlements.
Found on
http://www.encyclo.co.uk/local/20047
"Compensation for damages that is not paid through a single lump sum, but is paid out over time through multiple payments. The structure is tailor-made for individual cases and may include an immediate payment to cover special damages. Typically, payment is made by purchasing an annuity from a life insurance company. Under IRC 104 (a)(2) code,...
Found on
http://www.encyclo.co.uk/local/21213
Desigining a portfolio to achieve a level of performance that matches some predetermined liabilities
Found on
http://www.encyclo.co.uk/local/22402
No exact match found.
