A good insurance settlement means that the recipient of the settlement receives a fair amount in compensation for the event or accident. An insurance adjuster or attorney may help in getting a good insurance settlement.
You must turn in keys and title to the insurance company once they have paid you for the loss - regardless of the condition of the vehicle. It is your choice to accept or not the settlement.
Keyword: sell structured insurance settlementJ&RQuestion: What exactly is a sell structured insurance settlement? What a sell structured insurance settlement means is that instead of getting a lump sum payment, you will receive as a claimant in the case of personal injury, a financial agreement or settlement.
You don't. A signed settlement is a legal binding agreement between you and the insurance company.
No, by signing the settlement you are waving the insurance company and the opperator from any further liability.
Their is usually some waiting period for a life insurance settlement, but it usually does not take a long time. If too much time goes by without receiving your settlement, I would contact the life insurance company.
That's a very good question. That information is not published by companys not even Ripley's Believe it or Not.
No. This type of settlement is not generally taxable.
You do not generally have to pay taxes on an insurance settlement claim. You can check with your tax firm or accountant for the rules specific to your state.
What is the aveage insurance settlement for broken bone injuries that required surgery and screws placed in the bone.
You may have to pay capital gains taxes on a life insurance settlement in addition to any income taxes you might owe. Consult with a CPA or tax attorney to learn more about what tax consequences that a life insurance settlement may have.