A structured settlements annuity can act as a valuable insurance policy at a time when you are incapacitated due to an accident, but where you still have bills to pay and a life to live.
The payments from this structured annuity can help you to stay solvent while you have other important matters to attend to, and can save you from further catastrophic loss at an already difficult time. The structured settlements annuity is a highly regulated financial instrument, and the money is only released following a court order.
Although there is a very high degree of control and regulation of these instruments, they are quite flexible in the way they can be made to pay out. They can pay money regularly at a time decided upon by the annuity owner, or at irregular times if it is known that there will be a need for the money at a certain time.
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