Structured Settlements Definition

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Structured settlement li. If you have an accepted li claim that is older than 180 days and you are over 50 years old you may be eligible for a stuctured settlement agreement or crssa. A structured settlement is a type of annuity that pays out lawsuit rewards over a long period of time. Li website medical provider vocational counselor claim manager employer attorney other i certify that all of the information provided as part of this application is true and correct to the best of my knowledge. Document image retrieval in claim and account center is experiencing intermittent issues at this time. A structured settlement is a negotiated financial or insurance arrangement through which a claimant agrees to resolve a personal injury tort claim by receiving part or all of a settlement in the form of periodic payments on an agreed schedule rather than as a lump sum. As part of the negotiations a structured settlement may be offered by the. It is important to consult with an attorney before entering a settlement agreement to understand what li benefits you may be giving up. Structured settlement agreements a new option for resolving workers compensation claims washington state law now allows certain injured workers their employers and li to permanently settle the non medical portion of a claim in exchange for an agreed payment plan. Read to learn more.