About Structured Settlements
Structured settlements are only available to people who are settling personal injury claims.
They are completely tax free, with the blessing of the Canadian Government, and have no management fees. This represents more spendable dollars in your pocket and allows your settlement money to go further.
A structured settlement is one of the most secure investments in the world.
A portion of the settlement funds are placed with one or more of the largest life insurance companies in Canada. They make payments to you - usually monthly. You may choose to receive these payments over a certain number of years or for your entire lifetime. You can include cost of living increases, estate protection, and even periodic lump-sum payments.
You decide what you need and when – the choice is yours.
In exchange for having a guaranteed, tax-free investment, the tax authorities require that once the structure is in place, it cannot be changed or cashed in.
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