If you have been awarded annuity settlement from lawsuits, such as accidents, personal injury, or product liability, it means you will be paid the total amount of compensation in small installments over a period of time (which may be even years). However, you still have a way to get the cash in one lump sum, as there are many companies who are ready to buy your annuity and pay you the whole amount upfront. These types of annuity settlement plans are beneficial for those who are facing a financial situation where they need money immediately.
Benefits
Those who get injured in an accident are entitled for compensation through a structured settlement. As per this provision, you get a stream of payments over several years. However, very few people like this option. Most of them want to get the full amount in a single payment through cash for settlement so that they can meet their larger expenses easily. For example, when you get the whole amount in one installment, you can think about starting a new business. You can also use the money for medical expenses, debt reduction, or even purchase of a home. And, this is where annuity settlement plans come at your rescue. There is a wide array of customized options available to choose from. You can choose a plan tailored to your specific needs.
Process
The process is very simple. First you have to ask for a free settlement quote from a buyer of structured settlement. If you have a computer with Internet access, you can apply online for the same right from the comfort and convenience of your home or office. You can review the quote and then fill out the simple online application form. However, you will need to fax all necessary documents along with the application form. The company will review those documents and your application form. If you qualify, you will be paid a lump sum amount for the annuity settlement as offered in the quote. So, what are you waiting for? Get your quote today and take the full value of your structured payments.
There are people out there who have opted for structured settlement, but they do not know that they can tap its value instantly. They own a valuable asset and they don’t even know about it! Click here to get the most efficient annuity settlement purchasing system in the industry.
