Not exact matches
Over the same period, AXA sold $ 349 million worth of its
Structured Capital Strategies variable
annuity through banks.
With a
structured sale
annuity, the owner can defer constructive receipt of the capital gains and defer them
over several years.
Annuity.org is a Florida - based company that buys
annuities and
structured settlements from people who would rather receive lump sums of cash instead of monthly payments spread out
over several years.
Annuities, when
structured properly, can «transfer the risk» (to the insurance company) of a lifetime income stream that grows
over time.
Many of the claims were paid in «
structured settlements», which were typically funded by
annuities, which are paid in multiple payments
over time (in contrast to one lump sum payment).
While a majority of personal injury settlements are paid in a lump sum, a
structured settlement is a legal settlement paid out as an
annuity —
over time — rather than in a lump sum.
Our Virginia truck accident injury law firm settled multiple cases stemming from a horrifc collision between our client's car and a commercial tractor - trailer for $ 5.5 million, along with a
structured annuity which is projected to pay out $ 21 million to our clients
over a number of years.