: The claimant receives payments on a fixed schedule—monthly, annually, or as milestone lump sums (e.g., for college tuition). Key Benefits What Is a Structured Settlement? - WSJ
A structured settlement is a financial arrangement where an individual receives compensation from a legal claim—most commonly for personal injury, medical malpractice, or wrongful death—in a series of rather than a single lump sum. These agreements are typically voluntary and are funded through annuities purchased by the defendant or their insurance company from highly rated life insurers. How Structured Settlements Work structured settlemen
: The defendant pays a premium to an insurance company, which then issues an annuity to fund the future payments. : The claimant receives payments on a fixed
: Both parties agree to a payment plan during settlement talks. or as milestone lump sums (e.g.