Every business day, individuals across the country receive free quotes to sell annuity for a lump sum of cash. As a highly competitive market, many settlement buyers are offering high bids to purchase annuities that generate a monthly or annual income to the annuitant.
Many individuals have received a structured settlement annuity payment plan as a result of winning a court case involving personal injury, medical malpractice or other legal action. When individuals sue one another there is often a settlement involved where the defendant agrees to make payments in installments. Typically, the defendant will pay a one-time premium to an insurance company that in turn issues an annuity policy for the injured party.… Continue reading »