These payments, flowing from an insurance company according to the terms of the annuity contract, may be exchanged at some time in the future for a cash lump sum. Individuals decide to sell payments for a variety of reasons. Maybe the monthly payment is no longer an important part of the persons overall income. Maybe they need a large amount of money to put down toward the purchase of a home. Maybe they need money for the education of a child. Whatever the reason, a structured settlement payment stream is a personal financial asset that can be exchanged for cash today.
Structured settlement transactions must be accomplished according to strict legal guidelines. A Transfer and Assignment Agreement is executed with the seller following full disclosure of the price and other contractual terms. The sale is announced to all interested parties (payment beneficiaries, insurance companies) and then must be approved by a judge.
Are you interested in selling annuity payments? Annuity Transfers will buy your structured settlement payments. We are not a middleman but a direct buyer of annuities and structured settlements. To sell your structured settlement payments, send us a description of your annuity payment stream through our Automated Quote Request. We can help you, Contact Us Today!
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Structured settlement - Wikipedia, the free encyclopedia
A structured settlement is a of one's structured settlement (or other fixed annuity a payee's transfer of workers' compensation settlement payments
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