Do You Need Money Now?
What If You Do Not Want to Wait for Your Structured
When structured settlements are awarded,
from lawsuits such as product liability, personal
injury, or accidents, in general an insurance company
buys an annuity. This annuity pays a mixture of principal
sum and an interest over an agreed period of time,
at an schedule that is agreed with the structured
settlement payee. Having said that, the structured
settlement recipients may be in a financial situation
where the money is needed immediately and cannot wait
for the money to be paid in small sums. Fortunately,
the structured settlements can be exchanged for a
large lump sum payout for all or a some of the recipients’
future annuity payments.
A Structured Settlement is designed for paying
out for the financial obligations over a period of
time, but what if you need your money
right now? Lump sum can be a lifesaver in your situation
and fortunately there are a few reputable companies
out there that can pay you a large lump sum in exchange
for your future payments from structured settlement.
Who Can Help Me with my Lump Sum for Structured
Lump sums may be offered by a few financial institution.
You may even already have obtained a quote or two
already. However it is very important to shop around
for the best deal.
Getting a best deal, can result in few thousands
of dollars more in a lump sum in your pocket
as few fractions of percentage can make a big difference
over the years.
But what if you are bombarded by offers or just don’t
want to deal with so many companies and their agents?
What if every night you are getting calls from the
agents trying to get you as a customer?
Use the Internet to get quotes for your lump sum!
Unless you are a complete "Internet newbie",
there is a good chance that you have used online shopping
comparison websites, where you can compare prices
on products side-by-side. Why not take the same approach
with your structured settlement deal? Why spend hours
with many different agents before at least knowing
how much money can you aim for?
Use the technology to your
advantage and don't waste your money.
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