Q. Why is the amount of the lifetime monthly structured settlement payments that females receive LESS than the lifetime monthly payments from a structured annuity for males of the same age and health status?
A. Statistics show that females have a longer life expectancy than males. Think of annuities as "income insurance". Since the period over which females are "insured" is statistically longer, it follows that the cost of that "income insurance" is higher.
The reverse happens with other financial protection products, such as life insurance, where the cost of insurance is less because a female has a statistically lower mortality risk.
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