If I received a structured settlement proposal from my car insurer stating, The premium and benefits will be available June 10th…”, what does that entail?

Asked on June 4, 2014 under Accident Law, Florida


SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 6 years ago | Contributor

It is impossible to say exactly what that entails from the amount of language you quoted, since there is no definition of what the "premium" and "benefits" are in this context. Review both the rest of the settlement proposal *and* your policy, since those terms may be defined therein; you need to know what those terms mean--and also how they play into the settlement proposal--to know what this entails.

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