Sell Structured Insurance Settlements - Tips and Advice
By S Kung
Some people who are involved in an insurance settlement get rewarded structured settlements. Instead of a lump sum payment the person gets a percentage of the total paid out every year. This means the person gets annual payment every year until the settlement runs out. This is a very good way for people who need money annually for medical expenses they may need as a result of an accident. Some people are looking to sell structured insurance settlements in order to raise a lump sum amount of money.
Although you will receive more money if you are able to wait out the entire period of the structured settlement, people often want access to the money immediately. There is often a need to use the money to pay off some existing debt or other financial obligations. Because it is a guaranteed payment, there are many buyers who are interested in buying these settlement payments as an investment.
If you are looking to sell your settlement, the first thing you should do is find a good broker. A broker can help you arrange a buyer of you insurance settlement. Before you do decide to sell your settlement, you should know that many companies don't allow the sale of these settlements. So you should see if you are able to sell the structured settlement with your broker.
People who sell structured insurance settlements can use the money to do whatever they want. Paying off bad debt or paying off a mortgage is good reasons why you might consider selling your settlement. Getting instant access to the settlement is a choice that many people make.
Selling structured Settlements is a good way for people to raise instant cash. Through a Lump Sum Payment you can get access to your settlement payment.
Article Source:http://EzineArticles.com/?expert=S_Kung
Thursday, December 3, 2009
Tuesday, April 21, 2009
Sell Structured insurance Settlements
Is The Solution Sometimes
Getting a lump sum for all or a portion of a structured settlement can provide you with the money you need for costly immediate and unforeseen expenses. Thousands of Americans have sold, and are selling their future payments for a large lump sum now. There are hundreds of companies, which will purchase your structured settlement payments for a large lump sum.
With so many companies competing to buy your structured settlement payments, it is even easier to make sure you getting the most for your money.
Companies like Woodbridge Investments and JG Wentworth are leaders in the industry; they specialize getting you the largest lump sum possible for your payments.
Companies such as these understand that you cannot afford to wait for your money to trickle in when you need it now the most, and will provide you faster, greater access to your money.
Many Americans each year are still suffering financially even after they have begun receiving their structured settlement payments. They are forced into further debt or bankruptcy because their payments are not enough to cover the enormous expenses resulting from lack of income, injury, or unemployment.
The Pros and Cons of a Structured Settlement
Compensation for the pain, suffering, or your inability to work due to an injury or accident often comes in the form of a structured settlement.
You are awarded monies to help you recover financially from the hardship you endured. These monies are paid to you in regular payments, and over a long period. The ideal scenario would be that these monies would secure your future financial well-being.
If you are able to continue working, or have an income that supports your living expenses already, this may seem like the perfect solution. However, for many Americans the opposite is true.
The reality
For many individuals, the reality of resuming the duties of a job to support their family financially is not an option. Medical expenses will always be a concern, debts will continue to rise, and the stress and worries of maintaining a home become too much to handle.
Selling all or a portion of your future payments can give you the power to take back control of your finances. Too often, the restrictions of a structured settlement payment can only serve to cause more aggravation and frustration.
When you receive a large lump sum of cash for your structured settlement payments, you can immediately begin to take control of your future. You decide where your money will be best put to use. You determine how your money will work for you.
You do not have to wait years to collect your money. A company who specializes in purchasing structured settlements can give you a quote on how much your future payments are worth if you decide to sell your structured settlement for a lump sum.
Woodbridge Investments is a specialty finance company that provides lump sum payments to individuals receiving periodic payments. Learn how to sell structured settlements, lottery payments, motgage notes or any other structured settlement. Visit http:// WoodbridgeInvestments.com.
Getting a lump sum for all or a portion of a structured settlement can provide you with the money you need for costly immediate and unforeseen expenses. Thousands of Americans have sold, and are selling their future payments for a large lump sum now. There are hundreds of companies, which will purchase your structured settlement payments for a large lump sum.
With so many companies competing to buy your structured settlement payments, it is even easier to make sure you getting the most for your money.
Companies like Woodbridge Investments and JG Wentworth are leaders in the industry; they specialize getting you the largest lump sum possible for your payments.
Companies such as these understand that you cannot afford to wait for your money to trickle in when you need it now the most, and will provide you faster, greater access to your money.
Many Americans each year are still suffering financially even after they have begun receiving their structured settlement payments. They are forced into further debt or bankruptcy because their payments are not enough to cover the enormous expenses resulting from lack of income, injury, or unemployment.
The Pros and Cons of a Structured Settlement
Compensation for the pain, suffering, or your inability to work due to an injury or accident often comes in the form of a structured settlement.
You are awarded monies to help you recover financially from the hardship you endured. These monies are paid to you in regular payments, and over a long period. The ideal scenario would be that these monies would secure your future financial well-being.
If you are able to continue working, or have an income that supports your living expenses already, this may seem like the perfect solution. However, for many Americans the opposite is true.
The reality
For many individuals, the reality of resuming the duties of a job to support their family financially is not an option. Medical expenses will always be a concern, debts will continue to rise, and the stress and worries of maintaining a home become too much to handle.
Selling all or a portion of your future payments can give you the power to take back control of your finances. Too often, the restrictions of a structured settlement payment can only serve to cause more aggravation and frustration.
When you receive a large lump sum of cash for your structured settlement payments, you can immediately begin to take control of your future. You decide where your money will be best put to use. You determine how your money will work for you.
You do not have to wait years to collect your money. A company who specializes in purchasing structured settlements can give you a quote on how much your future payments are worth if you decide to sell your structured settlement for a lump sum.
Woodbridge Investments is a specialty finance company that provides lump sum payments to individuals receiving periodic payments. Learn how to sell structured settlements, lottery payments, motgage notes or any other structured settlement. Visit http:// WoodbridgeInvestments.com.
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