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.
You don't. A signed settlement is a legal binding agreement between you and the insurance company.
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.
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.
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.