Today?s economy has put millions of people in some form of financial bind, especially when emergency situations that call for a considerably large amount of money arise. What many people do not realize is that if they have annuities or structured settlements, they could very well be sitting on the solution to their problems. A structured settlement is a type of financial or insurance arrangement wherein an individual files a claim for personal injury tort and accepts to resolve the claim or to reach a compromise through periodic payments. An annuity, on the other hand, is a financial product that people avail of in preparation for retirement. As with structured settlements, annuities also make periodic payments.
For people who have annuities and structured settlements, receiving small periodic payments is fine, especially if they have a job that serves as their main source of income. However, there are times when a person?s salary just isn?t enough to pay for bills or emergency situations such as accidents and emergency house repairs. In these cases, people who have annuities and structured settlements turn to companies that buy their annuities or structured settlement in part or in their entirety such as JG Wentworth for help. JG Wentworth?s reputation as a reliable financial services firm traces its origins from the series of hit TV commercials that essentially lifted the company?s name to pop culture stardom. These TV commercials featured the company?s famous jingle, whose lyrics such as ?It?s my money and I need it now!? and ?It?s your money, use it when you need it!?, have forever been etched in the viewing public?s memories.
The first of the epic three-part commercial series is ?Opera?, which features a group of Opera singers dressed as Vikings, all singing about the benefits of getting their cash now by selling their annuities and structured settlements for a fairly large lump sum of money. The second JG Wentworth commercial is ?Bus Opera?, where instead of Viking Opera singers, the company?s catchy jingle is sung by ordinary people riding a bus. The third commercial features three vignettes that cut in and out while all the characters sing the company?s popular jingle.
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This was a very interesting read. I was just doing research on structured settlement payments when I came across your blog. Thanks so much for the great information and the great article.
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