Blog Post

MetLife Structured Settlement for Minors

John Darer • Jul 31, 2018

MetLife Now Requires Court to Approve Settlement Regardless of State Law

MetLife announced today that effective July 31, 2018 it now requires a court order on all structured settlements for minors . MetLife states that it will not accept structured settlements for minors if the settlement has not been court-approved, regardless of any state statute granting the exemption from court approval.

MetLife underwrites structured settlement annuities through two subsidiaries. Metropolitan Tower Life Insurance Company is the primary underwriting company. Metropolitan Life Insurance Company is the other.

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What is Risk Adjusted Capital Ratio (RACR)?

By John Darer • 07 May, 2024
What is Risk Adjusted Capital Ratio (RACR) What does RACR Ratio mean forr your structured settlement annuity company, or one that you are considering. How does RACR compare with RBC Ratio?
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What is Risk Based Capital?

By John Darer • 06 May, 2024
What is Risk Based Capital? What Does the RBC Ratio Mean for Your Structured Settlement Annuity Company?
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What is A Certified Financial Transitionist? (CeFT)

By John Darer • 25 Apr, 2024
A Certified Financial Transitionist is trained and certified to help clients navigate through major life events and the financial transitions that accompany them. Especially useful for personal injury victims and wrongful death survivors to help prepare for the important decisions they will need to make.
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What is Sequencing Risk? Can Structured Settlements Help?

By John Darer • 22 Apr, 2024
John Darer reviews sequencing risk and the impact of early spending after settlement. Sequencing and Decumulation risk is a factor for recipients of legal settlements and should be addressed in advance of settlement as aprt of settlement planning and wealth orientation.
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What is a Structured Settlement Lock-in?

By John Darer • 21 Apr, 2024
A structured settlement lock-in means that the structured settlement annuity issuer will guarantee the cost of a specific benefit stream in exchange for the "quid pro quo" of a commitment to accept or purchase. The guarantee could be a week , or 6 months.
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Market Based Structured Settlements | How They Work

By John Darer • 14 Apr, 2024
An introduction to Market Based Structured Settements for Plaintiffs, Lawyers and Law Firms and Settling Parties
new york structured settlements, new york city structured settlements, nyc structured settlement cos

New York City Structured Settlement Annuities 2024

By John Darer • 16 Mar, 2024
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 2024 through licensed representatives?
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NY CPLR 50A/50B | Rising Yields 2022-2024 Squeezed 15 Year Plaintiff Advantage

By John Darer • 16 Mar, 2024
While rising yields have narrowed the gap for defendants in New York CPLR 50A and 50B projections, plaintiffs can still " fly inverted" and get plenty of "lift" when negotiating settlements by using savvy settlement experts
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Construction Defect Structured Settlements

By John Darer • 12 Mar, 2024
Structured settlements can be used where construction defects lead to personal physical injury, physical sickness, or loss of life. In addition, structured settlements may be helpful to plaintiffs who wish to spread out basis, smooth out capital gains or income
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Structured Settlement Beneficiary Death Claim | What You Need to Know 2024

By John Darer • 08 Mar, 2024
Structured settlement beneficiary death claim. An executor cannot change the beneficiary of a structured settlement annuity. Typically, settlement agreements permit the Payee to name or change a beneficiary, provided such change is in writing and submitted to the Assigmment Company or the annuity issuer in writing and in proper form. An executor is a court appointed representative of the decedent, or in this case, deceased structured settlement annuitant. The insurance beneficiary designation is a contract between the decedent and the insurance company that was entered into prior to the decedent's death.
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