Mar 4, 2009

Structured Settlement at a glance

MIAMI - JANUARY 17:  An Allstate insurance com...Image by Getty Images via Daylife

Some of you could be familiar with structured settlement term. I'm trying to make a brief note about structured settlement in order to help everyone who need it. The note was extracted from public media such as Wiki.

Some media says that Structured settlement refers to financial arrangement, including periodic payments, that a claimant accepts to resolve a personal injury claim or to compromise a statutory periodic payment obligation.

The history of structured settlement was begin in Canada and US as an alternative lump sum of settlement.

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