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August 03, 2010

Structured Settlement Term of The Day: Rated Age

by John Darer® CLU ChFC MSSC RSP CLTC

Faster than you can say " cheap Rolex" it appears that one structured settlement firm's value proposition is to "knock off" their clients

"To hold down the cost for the client the structured settlement broker will try to obtain ...an impaired life expectancy for the claimant". - from another Structured Settlement Company web site

Pick your poison...?

Businessmen_knife_in_back_md_clr Scorpion_in_shoe_md_clr Poison_md_clr Boy_running_from_wasp_md_clr 

At 4structures.com, LLC we actually like to keep our clients: (1) alive; and (2) to live as long and productive lives as possible. If during the course of the settlement planning process we can obtain a rated age from a life insurance company that issues structured settlement annuities,  we will be in a position to offer a reduced cost solution to providing the needed future benefits. With a rated age, an improved structured settlement payout can be provided per settlement dollar allocated to a structured annuity which includes lifetime payments. A rated age does not affect structured settlement payments for a fixed period certain or guaranteed lump sum payments.

For more information please watch this video:

Note: This video, is an update from the original video that appeared with this post

Posted at 11:48 AM in Albany New York Structured Settlements, Boca Raton Florida Structured Settlements, Bowling Green Kentucky Structured Settlements, Bridgeport Structured Settlements, Bronx New York Structured Settlements, Brooklyn New York Structured Settlements, Buffalo New York Structured Settlements, Chicago Illinois Structured Settlements, Detroit Michigan Structured Settlements, Hartford CT Structured Settlements, Jacksonville Florida Structured Settlements, Lexington KY Structured Settlements, Long Island NY Structured Settlements, Los Angeles CA Structured Settlements, Louisville Kentucky Structured Settlements, New York Structured Settlements, NYC Structured Settlements, Palm Beach Structured Settlements, Philadelphia PA Structured Settlements, Rated Ages in Structured Settlements, Rhode Island Structured Settlements, Rochester Structured Settlements, Sacramento Structured Settlements, San Francisco Structured Settlements, Settlements in Queens County New York, South Carolina Structured Settlements, St. Louis Structured Settlements, Structured Settlement Cost, Structured Settlement Help, Structured Settlement Humor, Structured Settlement Information, Structured Settlement Watchdog®, Structured Settlements, Structured Settlements 101, Structured Settlements Florida, Structured Settlements Guide, Structured Settlements in Georgia, Structured Settlements in Illinois, Structured Settlements in Ithaca New York area, Structured Settlements in Miami Florida area, Structured Settlements in Nassau County, NY, Suffolk County Structured Settlements, Syracuse Structured Settlements, Tulsa Structured Settlements, TX structured settlements, VA Structured Settlements, Washington Structured Settlements, West Virginia Structured Settlements, White Plains Structured Settlements, WV Structured Settlements |

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Comments

Steve Craig

I've always enjoyed when so called professionals in the financial services industry use "insurance-speak" to edify their clients on insurance company actions. As above, an indelicate settlement broker might focus on how the client is impaired rather than price improvement provided by the age rating. My favorite, of course comes from from the life insurance business where, unlike life annuities, health conditions adversely affect pricing. The inexperienced or otherwise boorish agent says to his client, "I'm sorry the premium is higher than I quoted, but YOU are sub-standard."

Posted by: Steve Craig | August 04, 2010 at 01:33 PM

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Guide to Structured Settlements 2024

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    Treasury Funded Structured Settlements are a settlement option for the most conservative using the OTHER permissible qualified funding asset under IRC 130(d), United States Treasury Bonds in addition to, or instead of, structured settlement annuities. Treasury Funded Structured Settlements can also be used to fund installment sales, also known as structured sales and other non qualified structured settlements.
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  • Structured Settlement Payments | Types of Structured Settlements 2024
    Ways You Can Structure Your Settlement Payments in 2024. With a structured settlement you can have more than one type of payment in a single contract. Different types of structured settlement payments can be customized and combined to meet your needs on a stand-alone basis, or in conjunction with other financial products. Diversify your structured settlement, if you wish, by funding with more than one annuity issuer, with treasury funded structured settlements, index linked structured settlement payments and market based structured .
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  • What Are Structured Settlement Annuities?
    Structured settlement annuities are annuities that can provide one or more customized annuity payment streams in a single contract. Read about structured settlement annuities here.
  • History of Structured Settlements
    Tracing the roots of structured settlements history from 1918, when Congress exempted damages for personal injury or sickness from income tax, to the establishment of structured settlements as a core personal injury settlement planning tool to the present day.
  • What Are Market Based Structured Settlements?
    Market based structured settlements are an alternative or supplementary structured settlement solution for the plaintiff, attorney or law firm that: 1. Can afford to take some market risk 2. Have discretionary settlement dollars. Claimants and attorneys alike may find that market-based structured settlements provide the opportunity to receive tax-free income, or tax-deferred income, while enjoying growth potential.
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