Woodbridge Structured Funding LLC announces new division to purchase life contingent structured settlement transaction. By purchasing a life insurance policy on the customer Woodbridge Structured Funding, LLC is able to purchase non guaranteed payments enabling our customer to sell payments they ordinarily wouldn't be able to sell
Studio City, CA (PRWEB) September 24, 2009 -- Scott Schwartz, Executive Vice President of Woodbridge Structured Funding, LLC announced a new division specializing in what the industry calls out of guarantee payments. Schwartz explains," When someone is awarded a structured settlement it is often guaranteed for a specific period often twenty or thirty years. At that point the settlement will only pay for the life of the settlement owner.
By purchasing a life insurance policy on the customer Woodbridge Structured Funding, LLC is able to purchase non guaranteed payments enabling our customer to sell payments they ordinarily wouldn't be able to sell."
Schwartz further added," We are offering our excellent terms not only directly to our customers but to the structured settlement factoring community as low as 10% to 11% which is unheard of for life contingent deal." Rates will be determined by the term of the transactions as well as the cost to secure insurance.
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