At the start of every New Year, nearly everyone makes New Year’s Resolutions, identifying the things they want to achieve in the New Year and the goals they want to accomplish. At the end of last year, Michael Goodman, President of the National Structured Settlements Trade Association, announced his New Year’s resolutions for the structured settlements industry, in an article published on-line by Life Health Pro, on December 16, 2015.
Mr. Goodman’s article was titled, “Poised for Growth in 2016—Structured Settlement Annuities.” Click here if you didn’t read the article late last year—you should take the time to read it today. While making the case that 2016 will be a very good year for structured settlements and the wide variety of injured people who take advantage of the economic security, safety and soundness that comes with a structured settlement, Mr. Goodman makes four extremely important points:
- Structured Settlements are a unique settlement tool recognized and endorsed by both P&C Carriers and plaintiff attorneys.
- Structured Settlements provide long-term, tax-free economic security and confidence for injury victims designed to meet their individual health, medical and living expenses.
- Structured settlement consultants are among the most gifted and talented professionals working with injured claimants, attorneys, claims officials, life insurance companies, judges and mediators.
- Over the past four years, more than 100,000 structured settlement annuities have been negotiated to help injury victims and their families.
Here at the start of 2016, the structured settlements industry is indeed “Poised for Growth”. This is very good news for structured settlement industry professionals working with claims officials, plaintiff attorneys and defense counsels to settle physical injury, wrongful death and Workers Compensation cases.