Slide Language in Structured Settlement Agreements

John Darer • November 23, 2019

If Pre-Fund of Structured Settlement is Not Possible

slide language in settlement agreement

What is Slide Language in a Settlement Agreement and Release?

Slide language is language inserted into a structured settlement agreement that helps facilitate the placement of a structured settlement where the defendant or insurer will not pre-fund and factors such as the need for Court approval make a precise funding date difficult to determine.


What Does Pre-Funding a Structured Settlement Mean?

Issuing a check or wire to fund a structured settlement in advance of receiving signed releases and/or Court approval.  For those that choose to do so, the structured settlement annuityissuer will typically issue a letter that states that the advanced money will be refunded if the Court does not approve the settlement, or the settlement otherwise falls apart because the required documents do not arrive. The pre-funding is just for the amount representing the cost of the structured settlement premium , not the whole settlement. 


When Would Pre-Funding a Structured Settlement be Desirable?

In a declining or volatile interest rate environment, where there is likely to be some delay in getting Court approval,  where the Court needs to see the structured settlement benefits, where Court approval is the prerequisite to  have the authority to sign documents. 


Where excessive delays can cause lock in fees to add up. Some annuity issuers charge a lock in fee after 30, 50 or 90 days. One company has a fee free lock in period of 6 months. On large case the lock in fees can add up. Failure to plan ahead could mean problems without pre-funding.


Why Some Defendants/Insurers Won't Pre-Fund a Structured Settlement?

While some insurers who do a large number of structured settlements will routinely pre-fund structured settlements, because they are familiar with the structured settlement process, they are under no legal obligation to do so.


Couldn't You Solve This Problem With a Qualified Settlement Fund ?

If you have a single claimant and are interested in the broadest selection of structured settlement annuity issuers, using a qualified settlement fund might not work.


#structuredsettlementdocuments  #structuredsettlementrelease  #slidelanguage  #slidinglanguage  #defendantwontprefund  #insurerwontprefundstructuredsettlement #clauseinsettlementagreement #structuredsettelmenttips


Last updated February 15, 2024



independent life structured settlement annuities
By John Darer March 16, 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 are among the world's most ethical companies
By John Darer March 13, 2025
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.
structured settlement annuity market expansion 2025
By John Darer March 13, 2025
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
settlement agreement and release
By John Darer February 11, 2025
What is a Settlement Agreement and Release? What is the role of a Settlement Agreement and Release in establishing a structured settlement? What is a compromise?
structured settlement market explained
By John Darer February 11, 2025
John Darer reviews the primary structured settlement market, secindary market and tertiary structured settlement markets
tax free structured settlement annuity
By John Darer February 7, 2025
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
By John Darer January 29, 2025
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.
new york structured settlements, new york city structured settlements, nyc structured settlement cos
By John Darer January 23, 2025
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?
structured settlement annuities
By John Darer January 8, 2025
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 history
By John Darer December 13, 2024
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.
More Posts