By shouliha on February 29, 2008
Annuity buybacks normally occur when a specialty finance company offers a lump sum cash payment in return for previously purchased annuity payments. Major annuity providers are now beginning to offer buybacks as a way to compete for customers wanting to cash out annuities. Annuity providers are not only buying back personal annuities, but also structured [...]
Posted in Develop Your Skill
By shouliha on February 2, 2008
Structured settlements were introduced in Canada and the United States in the 1970′s. They were introduced as an alternative to lump sum payments, common in insurance settlements and lottery winnings. In the decades since, they have also been accepted as legal financial instruments in England and Australia. The aforementioned common law countries have decided to [...]
Posted in Develop Your Skill
