Sell Structured Settlements and Annuities

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By livewithrichard

Structured settlements offer choices

Sell Structured Settlements

If you are searching for information on how to sell structured settlements and annuities its probably because of one of two reasons; a) you are looking to sell your own annuity or one of a family members left in an estate, or b) you are looking for information on how to profit from a structured settlement as an investment vehicle.  In either case, you may find just what you are looking for in this article.

What is a structured settlement?

Structured settlements are financial instruments designed to compensate an individual or injured party over a period of time and in some cases, the life of the individual.  These settlements may derive from any number of situations such as, lottery or casino winnings, trust annuities, insurance pay outs, or court judgments.

The most typical kind of structured settlement is derived from personal injury cases where the plaintiff in the case chooses to settle with the defendant.  Rather than pay the defendant a large lump sum, it may be more beneficial to the defendant to receive multiple payments over a long period of time, especially if the defendant will need long term special assistance.

The structured settlement benefits both parties.  For the plaintiff, a settlement can be a much cheaper route than taking the case through the entire court process.  For the defendant, the annuity payments he/she will receive will be free from state and federal taxes, guaranteed for the entire period agreed, and are flexible to accommodate the future financial needs of the recipient. 

So why sell a structured settlement?

Life changes but, once the settlement is agreed upon it cannot be changed.  Nobody can really predict all their future wants and needs. Some medical needs will be evident but other life changing events are not.  The recipient of a structured settlement may want to have a big wedding, buy a house, go to college, or start a business and in some cases their only hope comes with a lump sum payment.

Lump Sum or Annuity

If you won the lottery or become entitled to a large sum of money, would you want the money in one lump sum paid to you over time in the form of an annuity?

  • Lump Sum
  • Annuity
  • I'd take half and give the rest to charity
See results without voting

Selling Structured Settlements

Selling structured settlements is one way to guarantee you will earn a profit from your endeavor because it’s a most attractive investment vehicle. Selling your own annuity is just one way to profit from this investment scheme. Locating prospects and guiding them in the right direction to sell their structured settlements can be quite a lucrative business.

Before I “jump the gun,” not just anyone can sell annuities. To sell annuities a person must be licensed by their state, usually the FINRA Series 6 & 63. With this license, you can work as an independent agent and earn a commission for finding qualified leads. This may sound like a lot of work but considering that with the right training, such as that offered by an annuities superstar, Bill Broich, and his Endless Lead Flow program, you can soon have more leads than you can handle on your own. And as licensed annuities agent you can place these leads up for competitive bidding by banks and other financial institution and earn a health reward for yourself and the lump sum of cash for your clients.

The people that want to sell their annuities will come to you, especially if you use your own online portal such as the one being offered above in the ebay module. There’s not much of an investment besides time and licensing fees and Bill Broich’s program. You could be on your way to a new and financially rewarding career

Comments

Hello, hello, profile image

Hello, hello, 19 months ago

Thank you for your interesting hub but I think this is well above me.

livewithrichard profile image

livewithrichard Hub Author 19 months ago

Thank you Hello for the visit and the comment. Another cool aspect about annuities is that the ones from structured settlements have a guaranteed value which make them quite attractive to investors.

SteveoMc profile image

SteveoMc 19 months ago

Always want to learn a little more about stuff. Thanks

livewithrichard profile image

livewithrichard Hub Author 19 months ago

I think annuities got a bad rap back in the late 80's because of some greedy and reckless financial advisers. They're gaining in reputation now for their value as an investment vehicle.

Springboard profile image

Springboard Level 6 Commenter 19 months ago

Certainly an idea worth looking more into. I've considered a couple of times looking into series 7. This seems like it might be more lucrative.

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