What is Structured Settlements

A structured settlement is a proven, effective solution for the needs of many personal injury claimants. Claims professionals, plaintiff attorneys, judges and defense attorneys advocate the use of structured settlements because they effectively meet a claimant's need for security, as well as provide more benefits over time than a single, lump sum settlement. In addition, the periodic payment concept can be applied to a variety of other situations.

Is a Structured Settlement Right For You?You should give serious consideration to a structured settlement, if any of the following apply to you or a family member:
* Temporarily or permanently disabled,
* Have limited investment or financial experience,
* The victim is a minor or someone judged to be incompetent,
* Wrongful death case where the surviving spouse and/or children need monthly or annual income,
* The injury is severe and may shorten the victims life or impair mental competency,
* Likely to have ongoing medical expenses,
* Require rehabilitation or a permanent care facility,
* Need to provide payments for college funds, retirement, down payment on a home, or mortgage payments, and* Need to replace lost monthly/annual income or supplemental income.


For more detailed information about the various financial and tax benefits of structured settlements, please visit the website of Hathaway Associates, Inc., structured settlements and financial services consultants. If you have a specific question regarding your settlement, you can contact Paul A. Hathaway directly by email.

A fixed annuity can be an excellent tool to help bridge the gap between the parties involved in settlement negotiations while adequately addressing their respective needs.

How do we know?
Because Hartford Life�, as a top provider in the structured settlement market*, has issued more than 16,500 structured settlement annuities over the past decade.

This site contains a series of topics designed to demonstrate the issues and advantages surrounding the use of a fixed annuity as part of a structured settlement.

What Is a Structured Settlement?

Simply stated, a structured settlement is a contract whereby an insurance company promises to make periodic payments to an injured party as part of a bodily injury claim settlement or to a surviving family member to whom a large settlement has been awarded. These are just two examples of when a structured settlement can be used. Structured settlements have become popular because they offer substantial benefits to all parties involved in the settlement agreement.  More