Transfer of a periodic payment obligation to MetLife for personal, physical injury, physical illness, or workers compensation claims and disputes as defined under IRC Section 104(a)(2) that are eligible for an IRC Section 130 Qualified Assignment.
Personal physical injury, physical illness or workers compensation claims where the defendant/insurer/employer purchases and owns an annuity.
Transfer of a periodic payment obligation to MetLife for cases that fall outside of personal physical injury claims and litigation as defined under IRC 104(a)(2) and are not eligible for an IRC Section 130 Qualified Assignment.
Transfer of a periodic payment obligation to MetLife for pre-1997 Workers Compensation, WC cases where the carrier must remain contingently liable and individual Disability claims that are not eligible for a qualified assignment, pursuant to IRC Section 130.
From creative funding and settlement strategies, to specialized services for plaintiffs, MetLife can work with you to develop innovative solutions for the most complex litigation settlements.
Ability to customize a solution tailored to the Mass Tort opportunity and partner in the work flow. Our experience in mass torts includes:
Major industrial accidents
Wrongful death actions
A funding vehicle for B2B transactions providing predictable fixed future payments. MetLife Funding Agreements can be used for the funding of Mass Tort settlement proceeds, or as a standalone solution. Our Funding Agreements offer:
Any discussion of taxes is for general informational purposes only and does not purport to be complete or cover every situation. MetLife, its agents and representatives may not give legal, tax or accounting advice and this document should not be construed as such. You should confer with your qualified legal, tax and accounting advisors as appropriate.