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 Sources of funding for a personal injury settlement annuity

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Coverage : aking a quiz is an excellent way to increase your general knowledge. Take this quiz to test your knowledge about Sources of funding for a personal injury settlement annuity

1. The sources of funding for a personal injury settlement annuity state that a health care insurer can be repaid from:
a.Employee Provident Fund money
b.Personal Injury Settlement
c.Childs Settlement Money
d.Auto Accident Settlement
 
2. To obtain Sources of funding for a personal injury settlement annuity the claimant can break an annuity from an auto accident settlement.
a.True
b.False
 
3. One of the Sources of funding for a personal injury settlement annuity is Structured settlement payment rights. What do they imply?
a.Rights to receive periodic payments
b.Rights to receive single lump sum payment
c.Rights to receive payment by selling life insurance policy
d.Rights to receive payment for covering litigation financing
 
4. Some of the sources of funding for a personal injury settlement annuity are Law Suit Loans, Litigation Financing. What is their purpose?
a.They provide cash to the plaintiff in a personal injury lawsuit to cover daily household expenses
b.They provide cash to the plaintiff in a personal injury lawsuit to cover medical costs
c.They provide cash to the plaintiff in a personal injury lawsuit to cover litigation expenses
d.They provide cash to the plaintiff in a personal injury lawsuit prior to settlement
 
5. One of the Sources of funding for a personal injury settlement annuity is selling of annuity payment.
a.True
b.False
 
6. One of the Sources of funding for a personal injury settlement annuity is Life Insurance Settlement. How is it done?
a.An accident victim sells his/her insurance policy and agrees to buy back the life insurance policy within a specific period in exchange for ready cash
b.An accident victim sells his life insurance policy at a premium from its face value for ready cash
c.Someone with a terminal disease sells his or her life insurance policy at a discount from its face value for ready cash
d.Someone with a terminal disease pays the full premium in advance to claim the full benefits of the policy and receive the maturity amount
 
7. Which of the following are some of the Sources of funding for a personal injury settlement annuity?
a.Selling real estate notes
b.Selling mortgage notes
c.Selling Life Insurance Policy
d.Obtaining lawsuit notes
 
8. In order to obtain Sources of funding for a personal injury settlement annuity you can sell structured settlement payments from a:
a.Lawsuit Settlement
b.Wrongful Death Settlement
c.Structured Settlement Annuity
d.Medical Malpractice Settlement
 

 
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What others think about Sources of funding for a personal injury settlement annuity
By: Kayla on 11/20/2008
  I think this is a great quiz full of knowlodge and information.
By: Erin on 11/19/2008
  it was a fun and interseting quiz!
By: Alice on 11/18/2008
  Its a very good Quiz. It rocks my socks!!!!!
By: Samantha on 11/17/2008
  This is so cool. Even though I really did not know some of the questions, it was still fun!
By: Aumkar on 11/16/2008
  It was enjoyable.
  



 


 
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