Tips On Selling Your Annuity or Structured Settlement
Did you know that you can sell all or part of your annuity or structured settlement?
An annuity is an insurance contract that pays you a steady stream of income over a specific lenght of time. Here is how it works: You purchase an annuity, either through an investment advisor or insurance company and then it makes future payments to you. The amount of the annuity and annuity payments to you are set. Usually the size of the payments are detemined by the amount you pay for the annuity and the lenght of time it pays out.
Similarly, a structured settlement is an insurance agreement to provide you with a steady stream of payments over a specific period of time. Often in a structured settlement a personal injury plaintiff may accept an annuity from the defendant’s insurance carrier because it provides fixed settlement rather than going to trial and it provides a stream of cash if you are disabled.
However, sometimes life changes and you want a lump sum of cash. Maybe the purpose and function of your annuity no longer suits you.
Life Changes And So Do Your Needs
Maybe that annuity you purchased as an investment or structured settlement you accepted in your persona injury settlement no longer suit your needs.
- You want to purchase a home,
- Need a new car,
- Pay college tuition,
- pay-off debt
- Pay Medical Bills,
- Start a new business
These are just a few of the reasons why the structured settlement or annuity that you have no longer fits your needs.
There are alternatives for you if you want a lump sum of cash now. We will buy your annuity or structured settlement and give you the lump sum of cash now. What if you need a lump sum of cash now, but also like the steady stream of money that your annuity or structured settlement provides? In that case, ask us about buying part of you annuity. Lance Lawsuit Funding will buy a part of your annuity or structured settlement and you can have both – lump sum of immediate case and keep your annuity. You would only sell part of it.
There are options available to you if you want to sell you annuity or structured settlement for a lump sum of cash today.We can offer you “Tips on Selling Your Structured Settlement,” and annuity that work for you.