Cash For Structured Settlements

Bruno DePeno asked:


Structured settlements are generally used to compensate individuals who have been awarded a huge sum of money. They are most commonly used when an individual himself has been seriously injured or disabled due to the negligence of another individual or organization. They are also very frequently used to pay out jackpot lottery winnings. Instead of paying a huge lump sum amount of cash, structured settlements are generally paid out over a spanned period of time. Payments are also issued monthly, quarterly, semi-annually or annually. These payments are strongly backed by an annuity distributed through various life insurance companies. Structured settlement payments are tax-exempt and hence tax free.

There are various types of structured settlements in all. Each is designed and structured to suit an individual’s financial requirements. Some are paid out for a specific period of time, while others are paid out for the remainder of the recipient’s life. When structured settlements are paid out over a period of time, these payments are referred to as “Designated Period” or “Period Certain Annuities”. What this means is the recipient will be receiving a fixed amount of money at a specific time monthly, annually for a predetermined number of years. If the recipient dies intermittently before the structured settlement is paid in full, the remainder will be distributed to the designated beneficiary (of the party or the individual). Life annuity structured settlements are paid to the recipient for the remainder of their lifetime. It’s important to note in many cases “life” might be actually referring to a certain number of years based on the individual’s life expectancy as determined by the company. Also referred to as “Period Certain”, this form of structured settlement annuity will have a transfer to the beneficiary if the recipient passes away prior to the decided number of years.

One might get Lump sum payment at a future date through Lump sum annuities rather than the traditional Structured Settlement payment. This type of structured settlement is inviting the people who have children or some form of beneficiaries. The funds can be arranged and ordered to be paid out when the child enters college or whenever the benificary might enter a period of financial necessity and helps to pay for educational expenses. There are two modes of lump sum annuities called “Lump Sum” and “Life Contingent Lump Sum.” The first allows transfer of the annuity to a designated beneficiary, while the second one does not. Life annuities generally provide monthly structured settlement payments for entire life period. The two types of life annuities available are — “Life Only” and “Joint and Survivor.” The first kind offers no chance to assign a beneficiary, whereas the second continues payments to the beneficiary for the remainder of their life. Last, but least, is the Temporary Life Annuity. This type of structured settlement pays in regular periodic payments for a specific number of years. The annuity term ends when the recipient expires, as there is no beneficiary provision in the agreement.

Even though structured settlements provide long-term financial commitment, there are a few known drawbacks. One of the main drawbacks is once the papers are signed, there is no way to modify or change them. If unexpected expenses are incurred, money cannot be withdrawn from the structured settlement account. Since this documentation is more complex than expected, the attorneys should be well-versed with the subject of contention and preferably also a certified structured settlement broker. If structured settlements documents are not properly drafted and created through the complete set of litigations involved will be a head ache process to the recipient of the structured settlement and will have a sleep less nights.

One may or may not use his or her structured settlement payments as collateral for a loan. The reason is that the federal law is designed to provide these benefits to one on an income tax-free basis also prohibits from assigning or encumbering them.

Again, the federal law that assures the payments one receive are on a tax-free basis, also prevents converting payments into a “lump sum” settlement.

No one except the individuals specified in the Settlement Agreement can be made the payees on your checks that you receive from the structured settlement company. Exceptions may be made as the consequence of a court order.

Gary Le Mon asked:


Welcome to your competition’s worst nightmare! Imagine an insurance selling system so penetrating it will:

1. Separate you from the crowd as the undisputed expert in your field

2. Pre-sell your prospects, making the appointment just a matter of finishing up the paperwork

3. Generate stacks of warm leads from your target neighborhood and demographic

4. Cost you less than direct mail or telemarketing and present you as a true professional

5. Make you ask yourself, “Why didn’t I do this in the first place?”

Picture yourself appearing in your own custom scripted, half-hour Cable TV Infomercial, the undisputed expert in your field, speaking directly to your ideal prospect in a soft pre-sell interview format. Your viewing audience is selected with the accuracy of a surgeon’s hand by the cable channel airing your show. For less money than you thought possible, you position yourself as the expert in your field, you generate truckloads of warm, pre-sold leads, and you send your competition running for therapy.

Once your TV Infomercial Insurance Selling System leaves our production studio, you air it as often and as many times as you like. You target your show to attract health, life, annuity, home, auto, any kind of insurance prospect. The national average cost for prime time viewing (7:00 PM thru 11:00 PM) on local cable channels in most markets is an unbelievably low $150 to $200 per half-hour program. This is less cost-per-thousand-exposure than you spend annoying people with junk mail or telemarketing.

A Bizarre Secret

Let me tell you the most bizarre secret I’ve learned in my 40 years of sales. I’m just going to toss this out to you, and when you hear it you’ll think, “Oh, I already know that. That’s just too simple to work.” Most people dismiss it as being too simple. Maybe that’s why most insurance agents (90%) fail within eighteen months.

Here’s my secret: People buy things from people they (a) like, and (b) admire. What’s more, people can’t help but like the people they admire most. In fact, the more they admire you the more they like you and want to buy from you. Therefore, if you have an insurance selling system that positions you as the “expert” in your field, people will be irresistibly drawn to you and want to do business with you.

Remember the first closing technique you learned in “How To Sell Insurance 101” about assuming the sale? Just being the expert is a ridiculously easy way to not only assume the sale but compel your prospects to assume the sale, too. The subconscious dialog in your prospect’s mind is, “I naturally assume you’re going to let me buy this policy from you… aren’t you?”

You’ll be flabbergasted to know that you can become the “expert” in your field much easier than you think. Also, there are probably few, if any, insurance agents promoting themselves as expert in your local market, and fewer than few with their own TV Infomercial Insurance Selling System. This prime location “real estate” in your hometown cable channel is probably yours for the taking.

When you appear on TV you set yourself apart from all other insurance agents. Your image is larger than life. After all, only experts are good enough to appear on TV. Your image skyrockets because you rise above the dog-pile of telemarketers and junk mailers fighting for leads. Your prospects come to you, ready to hear more, willing to take your advice, able to do business. You’re the expert. You’re on TV!

How It Works

You come to our production studio in Tucson, Arizona, where we do all taping, editing, pre- and post-production work. Our job is to make you a Star. We use only top professionals from camera operators to makeup artists. I’ve been in the insurance business for decades and understand the problems and frustrations producers go through in the field. This is no ordinary insurance selling system. We go to great lengths to separate you from the pack of agents your prospects typically send packing.

The 30-minute interview format is proven to be the most credible, convincing and friendly TV show format. You have time to delve into concepts in a way your future clients can really understand. You reveal your personality in an audio-visual dimension as an invited guest in their living room. You’re one of the family. You show how you are different, better, more knowledgeable, more comfortable and caring than other agents.

We begin with a pre-production interview session to identify and rehearse 10 to 20 key questions and answers. When you are ready, we roll cameras with me interviewing you in an easy, conversational dialog of the same familiar topics. We edit out awkward pauses, tongue twisters or mistakes, making you a polished professional, expert guest. If you need an insurance selling system that targets a certain demographic or client type, i.e. retired Seniors, high-risk drivers, new homeowners, small business owners, we will flavor the show to cover topics of interest to them.

In the editing room we pepper your show with appropriate testimonials, which may be stock footage or reenactments of your actual customers. We repeat “grabbers” often throughout the show to catch channel changers who may be surfing for anything of interest to watch. We display your telephone number frequently and suggest you offer a giveaway (we have Free Special Reports on several interesting subjects) “to the first 25 callers.”

You’re not pitching The Clapper here. Your TV Infomercial Insurance Selling System and everything about it is tastefully produced, professionally orchestrated and smacks of the high quality of an Oprah, Dr. Phil, or Larry King Live show.

More Bang For Your Marketing Buck

Feel free to use our in-house media buying services. There is a long learning curve to the cable TV industry. Knowing the ins and outs can make a world of difference to your marketing campaign. Most insurance agents are happy to leave this busywork to professional media buyers who are intimately familiar with cable networks. We are happy to handle this for you at no cost to you. Our insurance selling system includes service after the sale. We will negotiate time slots, best rates, market *********** – everything you need to get the most out of your marketing dollars.

Another way to get more bang for your marketing buck is to upload your 30-minute TV Infomercial Insurance Selling System onto your website. Visitors to your website can get to know you in a way that shows you as credible and professional, yet an agent who is personable and approachable. You may also want to order our Special 200 Mini CD Package. We dub your show onto mini CDs with custom labels for you to use as client leave-behinds, referral generators, or the ultimate “drop-dead cool” business card.

The national average cost for a half-hour prime-time cable TV program is between $150 and $200, with larger markets more, smaller markets less. You may want to begin running your show five nights per week to see how it pulls, then adjust the scheduling as your need for leads dictates. The cost for us to produce your custom half-hour TV Infomercial Insurance Selling System is less than you might imagine. Most people guess the price to be $20,000 to $25,000. It should be, but it’s not. Please contact me by clicking on my bio below.