Structured Settlements 4Real®Blog 2026
Structured settlements expert John Darer reviews the latest structured settlements and settlement planning information and news, and provides expert opinion and highly regarded commentary. that is spicy, Informative, irreverent and effective for over 20 years.
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Category: Maryland Structured Settlement Investments
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Refactored Structured Settlements is used by some to unartfully describe investments in transferred structured settlement payment rights from other people’s structured settlements, when used as an alternative investment vehicle to a settling plaintiff.
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You or your US clients may be pitched investments in other people’s structured settlements using the false flag claim that they’re annuities. Structured settlement receivables aren’t annuities and bear risks to investors that may make them unsuitable for vulnerable retirees and personal injury victims.
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A Secondary Market Annuity is not an annuity says the NAIC. If you invest in an SMA, you have no insolvency protection in 34 states, with 2 considering it and the NAIC pushing hard for all 50 states to adopt 2017 revision to the Life & Health Guaranty Association Model Act (#520).
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When a structured settlement is factored to raise cash for a Payee, no annuity policy changes hands. Just the rights to payments. The individual receiving structured settlement payments representing his or her damages is no more the owner of an annuity contract than the investor.
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Investors in structured settlement receivables face unfavorable news. As of July 1, 2020, the Maryland Life and Health Insurance Guaranty Corp clarified there is no protection in cases of annuity issuer insolvency and liquidation.
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The National Association of Insurance Commissioners implicitly stated in its Statutory Issue Paper 160 that acquired structured settlement payment rights are not an annuity. Investors beware!
