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Structured Settlement Payout - How do structured settlement annuities work?
Автор: UK News Today
Загружено: 2017-12-13
Просмотров: 159
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Structured settlement annuities are complex products, paid out to injured parties in lieu of one large lump sum. They are unique in that the the payee never owns the annuity; the defendant's insurance company does. In the case of a catastrophe like ELNY, the payee's ability to continue receiving payments is determined by the type of annuity the insurance company has purchased.
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