Structured settlement definition

Structured settlement means an arrangement for periodic payment of damages for personal injuries or sickness established by settlement or judgment to resolve a tort claim. Structured settlement does not include an arrangement for periodic payments to settle a worker's compensation claim.
Structured settlement means an arrangement for periodic

Examples of Structured settlement in a sentence

  • Structured settlement annuity" means an annuity purchased in order to fund periodic payments for a plaintiff or other claimant in payment for or with respect to personal injury suffered by the plaintiff or other claimant.


More Definitions of Structured settlement

Structured settlement means an arrangement for periodic payment of damages for personal injuries
Structured settlement means an arrangement for periodic payment of damages for personal injuries established by settlement or judgment in resolution of a tort claim or for periodic payments in settlement of a workers' compensation claim.
Structured settlement means an arrangement for periodic payment of damages for personal injuries or sickness established by settlement or judgment in resolution of a tort claim but does not refer to periodic payments in settlement of a workerscompensation claim.
Structured settlement means an arrangement for periodic payment of damages
Structured settlement means an ar- rangement—
Structured settlement means an arrangement under which a claimant accepts deferred payment of some or all of the proceeds of the settlement of a disputed or doubtful claim.
Structured settlement means an arrange- ment—