Scams in the structured settlement secondary market abound.

If you are the recipient of a structured settlement annuity and receive a phone call from someone who says “I work with your insurance company and you are owed money” just hang up the phone.  The caller doesn’t work with your insurance company, and you aren’t “owed any money.”  The caller wants you to sell your annuity payments, and will likely offer you just pennies on the dollar.

Likewise, if you receive a phone call from someone who says “I work with your insurance company and we can restructure your annuity” just hang up the phone.  The caller doesn’t work with your insurance company and they can’t “restructure” your annuity.  The caller wants you to sell your annuity payments, and will likely offer you just pennies on the dollar.