What is a Structured Settlement?

By definition, a structured settlement is the payment of money where at least part of the settlement calls for future payment. The payments may be scheduled for any length of time - even as long as the claimant's lifetime, and may consist of installment payments and/or future lump sums. Payments can be in fixed amounts or they can vary. The schedule is structured to meet the financial needs of the claimant. These needs may include income replacement and supplement, future medical expenses, educational funds and retirement considerations.

Cambridge Galaher Settlements and Insurance Services employs structured settlement specialists who are former claims professionals, attorneys, financial planners or have strong financial backgrounds. They are experienced in the claims handling process, negotiation, industry and product knowledge and application of products.