Does It Make Sense to Structure a Very Small Case?
John Darer • March 7, 2019
When Does It Not Make Sense?
In March 2024, Metropolitan Tower Life Insurance Company (Met Tower Life) announced an increase to a minimum premium for all cases to $100,000 per case. To put things in perspective,six years earlier MetLife increased from $5,000 to $10,000!
Does a $5,000 structured Settlement Make Financial Sense?
Small case policy fee, taken together with a qualified assignment fee, which with some companies could be as high as $750, means that the total fees could end up totaling more than $1,000, thus representing more than 20% of the cost of the structure. The only time it really makes financial sense is where there is a young child where there is a long enough deferral period before a payment is made.
When Would it Be Worth Looking at a Small Case Structured Settlement?
- Concerns about a child's financial maturity at age 18.
- Very young plaintiffs, where there is a long enough deferral period to make a respectable positive return to offset the small case fee.
Last update April 12, 2025
In the structured settlement annuity industry, dominated by many of the largest life insurers in the United States, Independent Life Insurance Company (ILIC) achieved significant milestones in 2024. Good news, positives and some concerns discussed in this lattest post.
Prudential and Pacific Life have once again been named among the world's most ethical companies. Prudential received the award for the 11th time., Pacific Life received the award for the 8th time. Prudential and Pacific Life are leading issuers of structured settlement annuities.
John Darer reviews structured settlement annuity market expansion featuring 3 new entrants Athene Life & Annuity, American National (ANICO) and Puritan Life as well as MetLife's development of a best in class
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John Darer reviews the primary structured settlement market, secindary market and tertiary structured settlement markets
A structured settlement annuity does not drive the tax consequences of structured settlement annuity payments. It is the type of damages the structured settlement annuity payments represent, as reflected in the relevant settlement documentation executed by the settling parties
Structured settlement beneficiary death claim. An executor cannot change the beneficiary of a structured settlement annuity. StructuredTypically, settlement agreements permit the Payee to name or change a beneficiary, provided such change is in writing and submitted to the Assigmment Company or annuity issuer in writing and in proper form.
Which life insurance companies write structured settlement annuities for personal injury and wrrongful death settlements in Bronx, Brooklyn, Staten Island, Queens, Manhattan, Long Island, Westchester, Erie, Rockland, Albany,Monroe in 2025 through licensed representatives?
Why Structured Settlements? Because Certain Sells® Structured settlements offer predictable income streams, which can be appealing to rein in uncertainty. John Darer reviews some other reasons that structured settlements are increasingly being used to settle cases:
Structured settlements have roots that trace back more than 100 years, from 1918, when Congress exempted damages for personal injury or sickness from income tax, to the establishment of structured settlements as the core personal injury settlement planning tool it is today.
