Structured Settlement Annuity Additional Resources - Page 3




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News About Settlements

* Did You Know?
  • Confidential settlement - a settlement agreement that requires both sides to keep its contents and all other information relevant to the case confidential.
  • Time value of money - concept based on the premise that one will prefer to receive a certain amount of money today than the same amount in the future, all else being equal.
  • Lottery prizes - sometimes the winner gets to choose from either an annuity payment or a one time payment. The one time payment is often about half of the advertised lotto jackpot. The annuity payment makes regular payments for periods from 10 to 40 years.
  • Insurance company - by law, the only entity allowed to issue an annuity contract.
  • Inflation - an increase in the general level of prices of a given kind in a given currency.

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