by Structured Settlement Watchdog
Paymaster.co is a repeat Canard of the Week celeb for the petulant persistence of its chocolate chip loving owner at not getting
their information ducks in a row. So this weeks roast begins…
What is a Structured Settlement Annuity Company?
A structured settlement annuity company is an insurance company that issues payments according to settlement agreements on behalf of defendants or their insurers. These annuities must be purchased from licensed structured settlement brokers or planners.
A structured settlement annuity company is a licensed insurance company that issues annuities that are used as qualified funding assets pursuant to settlement agreements resolving claims or lawsuits between parties to the claims or lawsuits. Structured settlement annuities are placed by licensed insurance agents or brokers who are appointed with the annuity issuers.
Regardless of whether an individual identifies as an agent, broker, settlement planner, financial planner, structure yogi, or "la vache qui rit", an active insurance licensed is required to place structured settlement annuities.
Perhaps it needs to be said if you don't have a license you're goose is cooked.
