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Annuity buybacks usually occur when a specialty finance company offers a lump sum cash payment in return for previously purchased annuity payments. Major annuity providers have recently begun to offer buybacks as a way to compete for customers wanting to cash out annuities. Annuity providers are not only buying back personal annuities, but also structured settlement payments that they previously sold to customers. The problem for some annuity companies is that specialty financing companies are sometimes able to offer customers more money at a given time, thus capturing most of the buyback market. What is on the horizon… Continue reading

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A structured settlement is a legal payout where someone who’s been injured and otherwise hurt is given monetary compensation. A structured settlement annuity come in the form of a series of payments made over the course of a period of time. The bonus to this type of payment is that the aggrieved gets a steady stream of income coming in for a long period of time, the downfall of this type of settlement is that the person getting the funds might find themselves in a situation where they need a lump-sum for unexpected expenses or a big ticket item they might have their eyes on.

To consider the nature of some of the unexpected expenses someone receiving settlement payments can incur, one needs to consider the nature as to why people… Continue reading

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Recipients of monthly payments may not be aware that they may sell structured insurance settlement payment rights to organizations that can, in return, provide a lump sum of cash to be used by the seller immediately. Although the promise of regular payments through a structured settlement may sound appealing at first, many recipients find that having access to cash, even if it amounts to less than the total annuity payment over time, is a better deal.

People who decide to sell structured insurance settlements do so to have money at their immediate disposal, rather than to have to wait for expected payments. The lump sum payout is basically a cash advance that can be spent as needed or saved or invested for future use. People who decide to sell structured insurance… Continue reading

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A buyer of structured settlement arrangements can provide the cash you need in the short term and eliminate the need to wait for payments each and every month. In addition to removing the risk and uncertainty that comes with holding any debt instrument, it allows you to take advantage of a large influx of money.

You may have recently settled an injury lawsuit out of court and there are many questions going through your head. Does it really have to take me 20 years before I can collect all of my money? I have seen companies advertise on TV that they are a buyer of structured settlements. They say that I don�t have to wait. I can sell my annuity payments to them. Is this true? Why… Continue reading

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Many people throughout the world have structured settlements or annuities with the desire of turning these future payments into a lump sum of cash. In other words they wish to sell their future or periodic payments.

This is SSQ’s official guide to selling structured settlements.

1) Determine the exact amount of money that you need and the reason that you are cashing out your fixed income.

2) Next you need to find out your payment details. This can be accomplished by calling the company or entity that is making your periodic payments (usually an insurance company). For example, they will state you are receiving 146 additional payments of $500 per month.

3) With the payment details established, you will be able to estimate the total amount left to be paid. Most structured settlement factoring companies customize the… Continue reading

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If you had the misfortune of being involved in an accident of some type, a

Structured Settlement may be in your best interest. A structured settlement

can help you gain the financial security and protection for you and your family

over the years to come. The simple truth is, you don’t know what kind of problems

can develop further down the road from the results of your injuries. This could

put you in a hard position if you weren’t prepared.

There are several things to think about when it comes to structured settlements.

The first is the fact that you’ll be compensated by installment payments over

the course of time, rather than receiving a large lump sum. This can be very

important in that, if you were to receive one large lump sum and didn’t manage

your money wisely, you… Continue reading

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