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Senior settlements are financial
package permitting a settlement to be paid in regular installments either
for a fixed period or for the lifetime of the claimant. Because senior
settlements are customized plans , they may also include some immediate
payment. The senior settlement payment is usually made through purchase of
an annuity from a Life Insurance Company. Senior settlements are used to
sell a life insurance plan. Companies compete by purchase senior
settlements, so shopping around is a good idea if you are looking to sell
your senior settlement. |