If you ever need to get a fair assessment for the purpose of negotiating a settlement, a structured settlement broker is someone you want to contact. Structured settlement brokers can provide a financial analysis for plaintiffs, information on various payment options, mediation during the negotiation and post-negotiation process and tax-planning advice.
A structured settlement broker can also work close with an attorney to provide information that can help build a stronger case for a plaintiff regarding loss of wages, debt, medical expenses and present income. Before you hire a structured settlement broker to help you negotiate a settlement, consider taking the following action steps:
1. Research the qualifications of qualified structured settlement brokers before hiring.
2. Build a structured settlement brokers list to exercise your options and find one with the best rates.
3. Seek the services of experienced and reputable structured settlement brokers.
Action Steps
The best contacts and resources to help you get it done
Find structured settlement brokers that are qualified to provide the services you're seeking
Choose a structured settlement broker carefully. Verify the broker you want to hire is registered with the United States Department of Justice and also registered with at least one insurance company as well as one state within the USA. Also, contact a consultant through a trade organization to learn more about the structured settlements process.
I recommend: The
United States Department of Justice provides a structured settlement brokers list as well as information on the minimum qualifications for annuity brokers in accordance with Federal Regulations. The
National Structured Settlements Trade Association (NSSTA) provides access to member structured settlement companies. Use this service to connect with a consultant and to determine if you can benefit from a structured settlement.
Gather structured settlement brokers information to compare services
While you're in the process of looking for a structured settlement brokers provider, be sure to cover all of your options by comparing commission rates.
I recommend: Ringler Associates has a solid history that dates back to 1975. Since then, they've grown to one of the largest settlement annuity firms with over 90 offices in the United States and London. Use the website to find a broker.
Summit Structured Settlements offers experienced broker services that are both personal and friendly. This firm has over 67 brokers in most major cities across the country.
Obtain the services of experienced and trustworthy structured settlement brokers
Contact a structured settlement consulting service or firm to find professionals with a proven track record and guard sensitive information while you're searching for a trustworthy professional.
I recommend: Huver & Associates has over 32 years of experience as a specialized consulting service for personal injury claims and litigation. Get a free quote.
James E. Logan & Associates uses experienced professionals to find fair resolutions for all parties involved in a structured settlement. This firms offers innovative solutions to attorneys, insurance carriers, municipalities, self-insured businesses and third party administrators.
Tips & Tactics
Helpful advice for making the most of this Guide
- To get the best deal possible, make sure the structured settlement brokers you choose have not entered an exclusive arrangement with a buyer as a means of obtaining quotes.
The official source of Structured Settlement Brokers is
the Structured Settlement Brokers page at Business.com
Related Resources from Business.com
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