Cases Typically Suited for Structured Settlements
Cases Typically Suited for Structured Settlements
Structured settlement annuities can be used to settle any kind of civil lawsuit, but they are more common for particular legal issues.
Case 1
46-year-old woman suffers back and head trauma after an ambulance rear-ends her car.
Personal Injury: This area of law covers much more than just physical accidents. Long-term illnesses and even emotional and reputational harm can lead to a personal injury suit.
The Legal Principle of Negligence
The Settlement Process
Personal Injury Compensation
Case 2
35-year-old store clerk slips and falls on snowy sidewalk outside of major department store.
Workers’ Compensation: State laws require many employers in the United States to carry insurance specifically for work-related injuries or illnesses that employees may suffer.
What Is Workers’ Compensation?
Benefits of Structured Settlements for Workers’ Compensation
Medicare and Workers’ Compensation Structured Settlements
Case 3
Patient was misdiagnosed with a chronic illness and was negligently prescribed medication that caused severe liver damage.
Medical Malpractice: A special type of civil lawsuit may be filed when a medical professional harms a patient through an incorrect diagnosis, a flawed treatment or a failure in follow-up care.
What Is a Medical Malpractice Structured Settlement?
Filing a Medical Malpractice Claim
Receiving a Medical Malpractice Settlement
Case 4
A couple is killed in an accident aboard a train speeding in inclement weather.
Wrongful Death: When someone dies due to another’s negligence, the victim’s surviving loved ones may seek compensation for pain and suffering, funeral expenses and lost household income.
What Are Wrongful Death Claims?
Filing a Wrongful Death Claim
Receiving a Wrongful Death Settlement
source : https://www.annuity.org/structured-settlements/history-and-case-examples/
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