by Structured Settlement Watchdog®
A futomaki is a "phat" bunch of raw fish, random vegetables and a dab of horseradish dressed in seaweed. That about sums up Boynton Beach, FL Steve Mackey of MadVorem's explanation of what a structured settlement is on SellMyAnnuity.Net.
Here's the "Steve O Maki" followed by my comments:
"In cases where the victim is owed money from another party as a result of a personal injury, the federal government, in some cases, encourages these victims and their families to utilize structured settlements issued by the insurance company who insured the party at fault".
- Structured settlements are not limited to personal injury
- The federal government does not in any case "encourage personal injury victims and their families to utilize structured settlements issued by the insurance company who insured the party at fault"
- Most structured settlement annuities are issued by a life insurance company that is unrelated to the insurance company that insured the party at fault.
- In some states he may even be illegal to insist that the defendant's insurer's subsidiary issues the annuity that is used as a qualified funding asset.
- Moreover, structured settlements can be funded by defendants and other paying parties in legal disputes.
Neither the toll free number on the landing page 877-349-8770, nor 866-484-4463 on other website pages of SellMyAnnuity.net appear to reach anyone who can help you with structured settlements. The latter toll-free number, purported to be Sell My Annuity.net on the subject website, is for ADT security.