UBS Financial Services - Structured Settlements
UBS is a Swiss financial services company that has been in business since
1862, making them one of the oldest companies we've reviewed for structured
settlement services. They've only recently branched into the US structured
service market, but their staff is full of experts on the issues that
structured settlements cover. As a result, they are an increasingly popular
choice for many individuals and firms who need to set up structured
settlements or annuities.
Structured settlements usually come about through a court case or lawsuit
that awards damages to a claimant that must be paid out by the defendant.
Many companies and individuals choose to have insurance companies pay out
the structured settlement for them, as doing so confers a number of
The first advantage to using an insurance company to handle your structured
settlement payments is that you don't have to worry about the time or
hassle of ensuring that the payment is sent at the appropriate times.
Additionally, using an insurance company allows the defendant to save money
on the structured settlement. They pay the insurance company a lump sum of
cash, usually less than the amount that will be paid out. The insurance
company then uses that money to generate interest and make payments, with
the interest being earned covering the gap between what the defendant paid
and what the insurance company will pay out, along with a small profit for
the insurance company. Claimants also benefit from insurance companies
handling their payments because it provides a level of confidence that they
will receive their payments, and also protects them in case the defendant
goes bankrupt or refuses to make the payments. As a result, everyone
benefits from the system of using an insurance company to handle structured
UBS's structured settlement section of their webpage is rather sparse,
sharing only minimal information about the team with a couple links to
general resources. This makes sense when you consider how complex
structured settlements can be, making it hard to provide in depth
knowledge. Moreover, every structured settlement is unique, so it is
impossible to establish a one-size-fits-all policy when it comes to making
structured settlement plans.
Like most structured settlement firms, UBS also does not have any
information regarding their rates or fees on their webpage. This is due to
the unique and complex nature of structured settlements, as explained
previously, but it does mean that you will have to call them for a quote if
you are interested in having them handle your structured settlement
UBS offers attorney fee services with their structured settlement packages,
which is good because determining and paying out attorney fees as part of a
structured settlement can be one of the most complicated parts of reaching
an agreement. The claimant needs the money to cover damages, but lawyers
also need to be paid for their services.
UBS is a good place to get a quote from if you are setting up a structured
settlement or annuity, but you should also shop around to make sure you are
getting the best deal possible.