Structured Settlements –Security for healing

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Presentation transcript:

Structured Settlements –Security for healing Brain Injury Association of Oregon Conference October 6, 2007 Presented by: Selective Settlements of Oregon, LLC

A powerful tool supporting recovery Structured settlements provide risk free payments to claimants Payments are tailored to meet future needs Financially secure Payments are fixed at time structure is put into place

The HOW of structured settlements Structured settlements agreed to at time claim is settled with insurer or defendant Structured settlement broker works with attorneys, claimants and life care planners to develop flexible payments Tax Free payments established with highly rated life insurance companies Payments cannot be changed

Flexibility is key Payments can include monthly income Cost of living increases can be included Periodic lump sum payments to cover future expenses such as: College Purchasing a home Future medical needs Retirement Replace lost wages

Life Insurance companies that offer structured settlements Allstate American General AVIVA Life Hartford John Hancock Liberty Metropolitan Life New York Life Pacific Life Prudential Symetra

Structured settlement quote – Utilizing age rating

Structured Settlement quote- without using age rating

Protection 90% of claimants lump sum settlement is gone within 5 years* Protect financially unsophisticated people and vulnerable claimants Competitive rate of return without taxes * “California Practice Guide: Personal Injury”, The Rutter Group Ltd, 1992

Obtaining quotes If you have a case and want to see what a structured settlement can do - what do you do? E-mail – kayla.aalberg@selectivesettlements.com or lmrask@aol.com Or give us a call, Kayla at 503-869-6518 or Linda at 503-819-8911