Litigation

"Innovative Settlement Planner" Bill Tilley's Settlement Planning blog asks "What Are the Rates of  A Structured Settlement?"

Tilley says that "the value of a planned settlement is decided by two main factors ? rated age and the rate of the annuity. A contrast between these two features is the most reliable way of determining a great settlement plan".

If that is all that Bill Tilley believes is the key to "a great settlement plan" then the Consumer Attorneys of Los Angeles may wish to consult a Registered Settlement Planner. A settlement plan IS NOT simply about a structured settlement or the rates thereof.

Tilley goes on to "articulate" that "rates of annuity depend upon the prevailing markets and a life insurance company?s forceful attitude in gaining business. Special pricing, also called daily rates, is offered if the cost is more than $250,000.

"A point in case is Ed, who was given a highest age rating of 53 by Allstate. This would give him $1000 every month for the duration of his life and a 20 year guarantee, at a cost of $183,812. Now, Prudential issued him the second highest age rating of 38 but the benefits were costing as much as $202,374. The third highest rating of 35 was given by Mass Mutual with an estimated cost of $212,358 for the same benefits. And Met, which had given Ed the lowest rating of 14, was giving the best price of $216,314. This was the case even though other firms had come up with better age ratings. That is why, a thorough evaluation of the market scene is crucial for the victim to get the best possible settlement deal".

Comments

1. If one is trying to give a specific example of what one is talking about is it proper English to say "Point in Case" or "Case in Point" Mr. CEO?
2. I agree that "a thorough evaluation of the market "scene" is crucial for the victim to get the best possible settlement deal". The market "scene", (if you "Bill") would "depend on the prevailing markets". Mass Mutual hasn't been writing structured settlements since January 26, 2007.
3. A structured settlement quote is not a settlement plan
4. A structured settlement rate is not a settlement plan
5. A structured settlement age rating is not a settlement plan
6. Given that he apparently has the time to "tweet" umpteen times a day, perhaps Bill Tilley could take a few moments to update the outdated and/or inaccurate structured settlement  information on his Settlement Planning blog