There is a common misconception that the periodic payments awarded through a structured settlement simply eliminate the financial concerns of an annuitant or instantly put their goals within reach. While these periodic payments can certainly help in these matters they often fail to meet the objective because the payments are spread out over an extended period of time.
Rather than settling for periodic payments many annuitants opt to sell their structured settlements and receive a lump sum, providing them with an immediate pool of money with which they can pay off debt, buy a home, invest in business ventures, meet unexpected financial needs, etc.
This decision can be an easy one to make for an annuitant but it should never be made without knowing about the company that is willing to purchase the structured settlement. The reality is many companies that buy structured settlements are nothing more than brokers, positioning themselves between the annuitant and a financial institution with the goal of buying low and then selling for a profit.
Structured settlement annuitants should understand that they can avoid these companies and deal directly with a financial institution like AnFed Bank, the only bank designed to serve the unique needs of structured settlement annuitants. AnFed Bank promises to make the most generous lump sum offer for future structured settlement payments, a promise that can’t be delivered by other companies.
If you have a structured settlement and you are looking to sell all or part of your future payments request a free consultation with AnFed Bank and find out how you can get what your payments are really worth.
