What is Your Structured Settlement Worth?

If you are considering selling your structured settlement, you need to know how much it is worth so that you understand whether or not the offers that you are getting are fair and reasonable. Given that you will be able to get quotes off of a marketplace that pits different buyers against one another, you should have a reasonably high likelihood of getting a good offer. The process online tilts the leverage in your favor by creating competition.

Even with that said, you need to know what your structured settlement is worth so that you can set a target price that you will receive. Make sure that you evaluate all of the factors carefully and make a decision that is not based upon impulse so that you do not make a decision that you regret in the future.

In order to figure out the present value, there are a number of different things that you need to take into account. They are laid out below, based on the present value calculator from StructuredSettlement-Quotes.com.

You Need a Great Structured Settlement Broker

If you are going to receive a settlement based on an injury you received, then you are going to need to have a qualified structured settlement broker who will be able to explain all of the proceedings and help to ensure that you understand everything that you are going to be receiving in terms of payments. You are likely going to have a number of different options when it comes to your settlement, and if you do not have a qualified specialist on your side that will be able to help determine which options are the best for your situation, it can be rough going. The broker will let you know just how much your payments are going to be when you receive them. They will also let you know when you can receive the payments.

SSQ Announces a New Certified Funding Partner – Assured Annuity Joins the Family!

At StructuredSettlement-Quotes.com, we take a lot of pride in ensuring that our clients work with only the highest-rated certified funding partners. We’ve taken another step down the path of guaranteeing that you get the highest rates for your annuity or structured settlements – we’re proud to announce the addition of Assured Annuity as one of our certified funding partners.

Assured Annuity is the new buyer arm for Genex Capital, a company that’s been in the industry for 11 years, and has bought $750 million in annuities and structured settlements. Like us, Genex has an A+ rating from the Better Business Bureau, as evidence of their commitment to quality and integrity.

The addition of Assured Annuity offers our clients enhanced benefits in several ways, thanks in large part to what the company does. Here’s what you should know:

• Assured Annuity is Genex Capital’s retail buyer arm.

• They make secondary market annuities available to agents with retail buyers through an online platform.

• This creates an individual buyer market that does multiple things:
• It unlocks capital seeking fixed income investments
• It provides higher than average returns to buyers
• It creates greater demand for annuities and structured settlements (enhancing YOUR ability to sell)
• It drives higher rates for sellers (that’s you, and it means you can expect more favorable rates for your annuity or structured settlement)

The immediate upshot of adding Assured Annuity is a healthier market place for our clients, and one that gives you the chance to realize the highest possible price for your annuity or structured settlement.
The benefits provided to our clients are due directly to the stronger demand and more favorable rates encouraged. Stronger demand for a product, any product, means that those who have that product are in a stronger position – more people want what they have.

The Benefits of a Lump Sum Settlement

When receiving an award for a personal injury case, the claimant is often puzzled by the choice of whether to take a lump sum settlement, or receive a structured settlement annuity. There are significant advantages to both. Receiving a lump sum provides a large amount of money in a single payment that can be used to pay down medical debts to allow the claimant to get back on their feet.However, a structured settlement annuity typically provides sizable monthly payments to pay for ongoing expenses like mortgage payments, car payments, utility expenses and daily living.

 Lump Sum Settlement

There are significant benefits of receiving a lump sum settlement that includes no more late checks or missing a payment that got “lost” in the mail. Receiving a lump sum of cash allows the claimant to move on with their life, and not be bound by the restrictions of a structured settlement annuity. They can choose the doctors they want to go to, and never have to worry if they have enough money to make payments for their medical care. Additionally, receiving a lump sum of cash minimizes the potential of the annuity provider going out of business or any other reason the payment would cease.

Settlement Buyers Help Claimants in Need of More Cash

When most people are going to receive compensation for injuries, the insurance company that is going to pay the claimant will offer a settlement option. While it is possible to choose a lump sum at this time, people often choose a settlement option that guarantees regular payments each month or even annually.Most prefer this option because they are not going to have to pay taxes on settlement payments.

Pros and Cons When You Sell Settlements

Settlements for an injury case can be quite handy and can help you pay for many of your financial needs.However, people will sometimes find that they need to have a lot more than those payments offer, and that might cause them to want to sell settlements to a buyer.

This option offers some pros and cons, and it is a good idea to understand them before you start looking for a company to buy your settlement. When you want to sell settlements, the only real issues that you might have are finding a reputable company to buy from you and making sure that they are offering a fair deal.You have to expect that you are going to have a bit less than the actual value when you are selling, but you want to make sure that you are still getting a fair deal.

The biggest advantage to selling your settlement is the fact that you are going to be able to get the money that you need without having to wait.You might not be able to qualify for a loan, and you might not want to get a loan when you have this money owed to you. If you are going to be buying a new vehicle or a home, you might find that being able to buy the property outright is going to help you save money in the long run, even helping to offset the difference from the actual value of your settlement and the amount you get when you sell.