Basically there are two types of structured settlement agencies. One type of agencies support and work with you to secure a structured settlement and another type of agencies purchase your structured settlements from the payer. After purchasing your structured settlement they give you a whole lump sum amount of money rather than paying you in installments. It is also to be noticed that the structured settlements agencies that works with you are mostly law firms and deal in the matters of structured settlements.
Structured settlements are mostly in the form of some insurance annuities. The company or a person who is bound to pay you, purchases an allowance from a bank or insurance firm. A person who is aiming to sell his annuity is bound to make his invest grow. The money which is heaved from this annuity is the money which is used to pay your structured settlement installments. So, an agency offers a good amount to the holder of the annuity and simply buys the annuity.
After purchasing the annuity these structured settlements agencies normally sell the annuity to someone else to earn profit and some buy these annuities and ease up the remaining amount of payment for a huge lump sum amount. By working like that these structured settlement agencies make a lot of profit. You can also sell your annuities to these structured settlement agencies or work with them to secure a structured settlement. In that way you will be able to fulfill your required financial needs in no time.