The Safety of the Money in a Structured Settlement

Video Transcription:
When a structured settlement is purchased, typically it involves investing settlement money in some of the largest life insurance or casualty insurance companies in the country. These are usually insurance companies that have been around for more than a hundred years, they've weathered the depression, they've weathered every economic cycle, all the wars and they've come through and have not gone out of business.

So, while these products are not FDIC insured, in other words the government is not insuring the money, they are with typically some of the largest corporations in the United States and many consider them to be as safe as anything you can put your money in. In addition to this, there are guarantees and multiple levels of guarantees backed by the insurance company to make sure that the money that is invested, and the payments that are to be made will in fact be made over the course of time.