Structured Settlement Annuity: Top 3 Grounds for Eligibility

Getting in an accident is something that’s bound to happen at least once or several times in your lifetime. This involves two parties, namely the victim of the mishap, and the “evil-doer”, or the chap that wronged you. There’s a passage in the bible (forgot which one) containing a saying as to the proper course of action to be taken when things do get down to that, which is “an eye for an eye, a tooth for a tooth”. When somebody pokes your eyeball out, you go back and poke his eye out. Maybe you could get away with such a brutal act way back then, but not today.

Behavior like that can get you locked up for quite some time. So how will you even the score with the gimp that wronged you? Simple – by making a claim against him; this will force him patch things with structured settlement annuity. If you’re not sure what exactly it is, a simpleton explanation would come in handy, which goes as follows: a structured settlement annuity is “payment” of one party to another as to settle the damages done. This isn’t a one time lump sum amount; rather, it’s paid through structured payments which are given to the victim on a consistent basis, till such a time the “entire sum” is paid out.

For some readers of this article, the definition maybe a little too hard to understand, plus you guys don’t know whether or not you’re eligible for making such a claim; but don’t worry. I’m about to give you the top 3 most common accidents in which people use as grounds for filing a case of such. Here they are: first would be a car accident. You’re driving on the right lane of the road (where you should be), and a drunk driver comes speeding up from behind. He’s so drunk that he rams you off the road, and you smash into a tree, breaking your arm and leg in 5 places – hotdog! You now have the right to make the claim, and force the crazy kook to pay structured settlement annuity.

You’ll need the help of a lawyer though, preferably a “structured settlement lawyer”, that you may squeeze as much as you can outta the sucker. However, there are some instances where you don’t show the symptoms of an accident instantly, not till some time after. When that happens, have the doctor verify that it really was because of the accident, so you can get back at the prick that wronged you. Next most common grounds for filing a case would be workplace injuries, especially in construction places. Let’s say you get injured while using equipment that “bugged down”. Whatever happens to you while using that particular piece of trash (equipment), you may be able to hold your boss or the manufacturer responsible for the mishap, and make things better again with structured settlement annuity.

The 3rd and last ground that’ll help you get “revenge” is by way of faulty products. If you suffer certain side effects, get injured, or fall ill because of use of a particular product, then you may be able to make a claim, and rake in some money. There are many other cases where you’ll be able to file for such, so talking to a lawyer first about whether or not your “structured settlement eligibility” can push through would be a wise choice.