Annuity Payments

In the context of the structured settlement industry, “annuity payments” refers to the periodic cash payments made to a settlement recipient. 

When someone is injured in an accident they may file a lawsuit or make a claim for financial damages.  They may be offered a settlement from the defendant’s insurance company.  In this case the insurance company may offer the plaintiff a cash settlement or a structured settlement. 

A structured settlement is an award that is paid out over time with recurring payments made often with monthly or quarterly payments over 10-30 years.  In the settlement, an annuity is purchased that will make the periodic payments to the settlement recipient.  The annuity payments are those periodic payments to the recipient.

Those that are receiving payments from annuities sometimes have life changing circumstances that require them to have a larger sum of cash then their payments provide.  In those situations they can sell their payments for lump sum cash.

If you are a settlement recipient and would like to know how much your payments are worth call 1-800-LUMP-SUM and receive a free quote.  You can sell all or just some of your payments for cash.  Find out how much your payments are worth now.

1-800-LUMP-SUM
(800-586-7786)
Free Call. Free Quote.