Litigation

A number of life insurance companies charge back annualized commissions to agents if the policy lapses within a short period of time after issue. The 10 or 20 day free look periods on life insurance policies and the threat of commission charge backs are incentives for life insurance agents to do their job properly and to "reinforce the sale". Should a reasonable parallel sort of system apply to structured settlement annuity sales?

In The True Cost of Poor Settlement Planning I demonstrated the devastating financial loss that could be suffered by a structured settlement annuitant who sells structured settlement payment rights to a "cash now pusher" within months of the settlement of his or her case. In that post I highlighted the possibility that the reason that the person was selling their payment rights was because neither the settlement planner nor lawyer delved deeply enough into the plaintiff's financial situation to have the information to adequately consider liquidity.  Why should the plaintiff suffer?