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What is a Structured Settlement   no comments

Posted at 12:22 am in Primary Market

Structured settlements were created as a means to compensate the victims of accidents and injuries. The idea behind them was to provide income for people who were severely hurt that would be paid out in smaller amounts over a long period of time, possibly for the entire life time of the individual receiving them. In such a way, the person would not show too much income to prevent them from qualifying for Medicaid to help cover the costs of their medical expenses.

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Written by admin on February 24th, 2011

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