Find out how much your asset is worth with our free calculator, then connect directly with buyers of future structured settlement payments on our online marketplace.
What Can Sellers Expect with Crowfly?
- The CrowFly discount rate, full transparency, and free resources
- Navigation of federal and state structured settlement laws
- Turning your future settlement payments into a lump sum with the most value
CrowFly Is Built to Help
Structured settlement payment sellers can connect easily with individual and institutional investors using CrowFly. Get cash now to address an immediate financial need by selling your structured settlement payments with CrowFly. We provide ethical services you can trust.
CrowFly is committed to creating a different experience that is built on trust, accessibility, and transparency for individuals and families who have structured settlements.
With CrowFly, you get access to our innovative technology that makes the process more efficient and offers you the best pricing in the market.
Emphasis on Educating
We work closely with you to make sure you fully understand the steps and considerations involved with investing in or selling structured settlement payments. We’re all about helping you make the right decision for you.
Buying and selling structured settlement payments can be a complex and confusing process. We make it easier by being fully transparent and answering any and all of your questions throughout the process.
Frequently Asked Questions
Find the answers to the most common questions about structured settlements.
Can’t find what you’re looking for here? Contact us by calling (888) 560-6629!
What Am I Selling?
You are selling a fixed-income asset in the form of a structured settlement payment in exchange for cash now.
We're here to guide and support you if you decide to sell. We'll help you understand how much your structured settlement payment could be worth, find vetted buyers of your future payments, and finalize the sale of your structured settlement payment, all while ensuring your best interests are met with minimal costs and no superfluous fees. That's the CrowFly way.
How do I know if I have a structured settlement?
If you receive regular payments as a result of a personal injury claim or lawsuit, you likely have a structured settlement agreement rather than another type of annuity. You can check with your life insurance company or contact us for help.
Can I sell my structured settlement payments?
At this time, sellers with structured settlements from a personal injury claim or lawsuit are able to sign up to sell some or all of their future payments with CrowFly. You can also refer to the terms of your original agreement to ensure that you can sell your structured settlement payment, as it can differ case by case.
What are the structured settlement rules in my state?
You can consult our state-by-state guide for selling future structured settlement payments.
What is the difference between a structured settlement and an annuity?
"Annuity" is a broad term that refers to investments and financial products from insurance companies that pay out a fixed stream of payments according to a specific schedule.
A structured settlement is a type of annuity that is assigned by a court as a result of a claim or lawsuit. Another name for a structured settlement is a structured settlement annuity.
Structured settlement payments are tax-free, which is not true for many other forms of annuity.
What is the difference between selling structured settlement payments and receiving a loan?
Selling your future structured settlement payments is not the same thing as taking out a loan.
With a loan, someone — often a bank — is lending you money which must be paid back (with interest). Terms, including interest rates, vary and are often based on credit score, your ability to pay it back, and any collateral you can offer.
When selling your structured settlement payments, you will receive a lump sum of cash for your future structured settlement payments, according to the sale terms. Sales are final and you do not need to pay this amount back to a bank or individual.
How much money can I get from selling my structured settlement payments or annuity?
Use our free estimate tool to get an idea of how much money you may be able to get for your future structured settlement payments. If you decide you're interested in learning more, give our transaction navigators a call and we can work with you to get you the most accurate quote.
While everyone's situation is different, our low fees and direct access to buyers mean you will generally receive more for your settlement than you would when working with a traditional factoring company.
How long will it take to receive my money?
Depending on the state you’re in, completion of mandatory activities such as signing documents, and the court schedule, it takes one to three months to complete a sale and receive your money.
We will work with you every step of the way to keep you informed of progress and minimize the time it takes to get you your money.
Is there anything I can do to get my money faster?
You cannot get the money from your structured settlement instantly, as there are certain steps in the process that involve other parties, such as the court, and these must all be completed in due time before a sale can be finalized.
It’s helpful to check your CrowFly account and email regularly for important notifications so the process can move forward as efficiently as possible. For example, you may need to sign a document or agree to a court date before the next step can happen.
Some organizations are willing to provide you with a loan or money upfront. Consider these offers carefully, as there are often consequences to taking this money, including a reduction of the overall amount you will receive for your payments.
How much does it cost to sell structured settlement payments?
Technically, it does not “cost” you anything to sell your structured settlement payments. What will vary is the amount of money you receive for your structured settlement payments. Due to inflation, the payment you receive today will be less than the dollar amount your overall settlement is actually worth in the future. That will always be the case.
The investors who buy your structured settlement payments make money on the return of their investment over time. Because our platform allows you to connect with individual investors, you will receive more money with CrowFly compared to if you work with a large factoring company who will take a substantial fee from the transaction.
Use our structured settlement calculator to find out what you can expect to be paid for your structured settlement with CrowFly.
Why can't I sell my settlement payments for the full amount on my policy?
Your settlement's present value will be lower than its future value (the total value of all your payments), due to inflation. Essentially, $1 today is going to be worth significantly less than $1 ten years from now. This effect can really add up if your payments are spread over a long time.
Can I sell only some of my future structured settlement payments?
Absolutely! This is something that you should consider carefully and discuss with a knowledgeable financial advisor. Selling too little could result in you needing to sell more than once, which will increase your costs and decrease your outcome. But, if you sell all of your future payments when you only need a bit of money now, you’ll end up losing future guaranteed income that you could have kept in place.
With CrowFly, you'll likely get a better price on your sale, so you may need to sell fewer payments than you’d expect. Use our estimate calculator to find out.
How do I know I can trust CrowFly?
Our team has over 20 years of experience working with individuals and families who have structured settlements. We work with some of the best lawyers across the country and we actively engage courts and social justice organizations to ensure ethical practices. We are approved to operate in all 50 states. Learn more about our story.
The most important thing for us is knowing you're getting the best deal possible and finding the information you need when you need it. So, if you are still not sure how to proceed, contact us. We are happy to work with you to get the best results.
If you still aren't sure, we encourage you to get quotes from other organizations and check them against our online estimate tool. We want you to know what you might be able to get right up front, so we don't waste your time or ours.
Our proprietary platform removes the middleman from the selling process, so you can get the most money from selling your structured settlement payments.
Fair & Respective- Miika S.
Visionary Team- Paul A.
Exceptional Team- Martin P.
What kind of information do I need to get started?
Registering on CrowFly is easy: Set up a profile with your contact information and some details about your structured settlement. While not required initially, if you have a copy of your policy, it will greatly streamline the process. In any case, once you're set up, our transaction navigators will take you through each step of the process. Get started today!
What if I don't have the necessary records?
Don't worry — in most cases, CrowFly can directly request the required records from the insurance company that provides your payments.
Will I need to contact my insurance company?
Not normally. It is completely your decision to sell your future payments. We will work with your insurance company to complete the transaction using documentation that you sign.
Who will buy my structured settlement payments?
Buyers on CrowFly are institutions or individual eligible investors that have been approved by CrowFly. All buyers undergo rigorous vetting before they join to ensure a positive experience for both parties.
Structured settlement payments are an attractive investment option because they are guaranteed by reputable insurance companies and produce good relative returns. Investors looking to produce predictable future income may find your payments to be a good addition to their portfolio.
How will I be paid?
Payment will come via wire transfer or bank check. Note that a wire transfer will be faster. We are happy to work with you to ensure that we use the method that best suits your needs.
Why does a judge need to be involved in the sale?
The settlement that you have as a result of a personal injury case is assigned by the court in part to ensure its tax-free status. The Federal Periodic Payment Settlement Act of 1982 therefore requires the sale of your structured settlement payments be approved in court. A judge acts as a mediator to ensure selling your structured settlement payments is in your best interest. A court approval is a mandatory part of the process, though there are no legal fees attached.
What could prevent a judge from approving the sale?
You must be able to show a good reason for the sale, that you understand the process, and that the sale will not cause hardship. We work with you to proactively address your needs in order to prepare you for the best possible outcome in court.
Courts want to look out for your best interest. They like to see that you are selling payments because you have no other way to pay a debt, it is less expensive than your current forms of debt, you have an unseen emergency, or you'd like to invest in a unique opportunity that will improve your quality of life (college, a house, or a business, for example).
Courts don't like to see individuals selling so they can buy a nicer car, to help their relatives, to take a trip, or when selling would result in increased hardship in the future.
Will I pay taxes on the sale of my payments?
No. If you have a structured settlement, all of your future payments are tax-free under IRS US Code 26 section 104, and IRS US Code 26 section 130 makes any money you receive as result of a sale of those payments tax free, as long as it does not exceed the value of the payments.
However, CrowFly is not a tax expert, and we recommend consulting with a financial advisor or a tax expert to clarify how these regulations apply to your situation.
If you are interested in becoming an investor in a structured settlement payment, you need a team who knows how to help you get the best deal. That team is CrowFly.When you need to sell your structured settlement payments, you need a team who knows how to help you get the best result. That team is CrowFly.