A Structured Settlement, is defined as an extensively discussed and thoroughly calculated amount which is received by the person who invested or had an insurance firm due to the reason of any kind of personal injury claim, therefore, receiving the gigantic amount of cash in a scheduled periodic time period in small amounts rather than a big payment at once or a lump sum. What is the purpose of a structured settlement? These settlements are the most widely used and accepted kind of defense mechanisms for the past 3 decades and have been benefiting the person ought to have a
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