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Types of Structured Settlements
by
JG Wentworth
•
June 18, 2024
•
2 min
Most common settlement types
Typically, a predetermined schedule will be created detailing when and how often they’ll receive a payment. The installments are an alternative to large compensatory lump sums that usually don’t offer long-term financial stability.
The most common types of structured settlements involve the following:
1. Medical Malpractice
Any act or omission by a physician during treatment of a patient that deviates from accepted norms of practice in the medical community and causes an injury to the patient. Medical malpractice is a specific subset of tort law that deals with professional negligence.
2. Personal Injury
An injury to a person’s body or mind, as the result of an accident.
3. Wrongful Death
When a person’s death is caused by a negligent or intentional act of a wrongdoer.
How can we help?
Contact JG Wentworth today to find out how we can help you get Cash Now from your Structured Settlement.
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Sales of Structured Settlement Payments are subject to Court Approval and other conditions which can take 60-90 days to complete. All transactions are at J.G. Wentworth’s sole discretion.