Benefits for:

 The Injured Party - 

• Features customized design. Payments are specifically tailored to meet the injured party's particular financial needs over a defined period. 
  
  
• Emphasizes stability. Payments are designed to help meet the claimant's current and future financial needs. 
  
  
• Promotes security. Structured settlements provide the dependability of a highly-rated financial institution. The claimant avoids the risk of mismanaging a large cash lump sum.
  

The Defendant -

• Leads to faster settlements.
  
  
• May reduce costs. 
  
  
• Avoids jury trials.