Episode 015: Everything You Need t Know About Structured Settlements with John Welton

<p align="justify">Brenda Agnew, your host, welcomes John Welton to today’s episode to discuss every single detail in regards to Structured Settlements, what are they, who can benefit from them what does they implies, and the great advantages they provide to their beneficiaries. John joined <span style= "color: #1155cc;"><u><a href= "https://www.henderson.ca/">Henderson</a> <a href= "https://www.henderson.ca/">Structured</a> <a href= "https://www.henderson.ca/">Settlements</a> <a href= "https://www.henderson.ca/">LP</a></u></span> as a partner in 2011. He holds the Certified Structure Settlement Consultation title as issued by the University of Notre Dame. He has extensive experience in both Property & Casualty and Life Insurance claims. John has worked as an executive for a number of Canada's leading insurers and has provided consulting services within the North American insurance claims economy. John currently sits on the Foundation Board for Hamilton Health Sciences.</p> <p align="justify"> </p> <p align="justify"><strong>Key Takeaways</strong>:</p> <p>[2:33] John explains what are Structured Settlements and how they work.</p> <p>[4:45] Why would someone need Structured Settlements?</p> <p>[9:07] John talks about the responsible management of the funds received.</p> <p>[12:03] What are the advantages of Structured Settlements from a financial perspective?</p> <p>[12:31] There are three life insurance companies in Canada that are licensed to sell Structured Settlements.</p> <p>[16:51] Money does not take care of everything but it does solve a lot of problems.</p> <p>[18:20] What is the role of Structure Settelemnt in helping to plan the settlement piece?</p> <p>[24:45] John talks about a research that has been conducted on people who have received money from settlements or after winning the lottery which proves that after 5 years they don´t have any left.</p> <p>[27:29] John explains why a Structured Settlement is not considered a financial investment.</p> <p>[29:42] What happens after the structured settlement