Admiralty, General Marine and Longshore claims all present unique cases which, like other tort claims, lend themselves to structured settlements. Accidents arising at sea or over a body of water often result in severe injuries and death. Injured seamen, stevedores and even passengers on a cruise ship have been the victims of accidents, either rendering families without a breadwinner, or bearing the economic costs of a terrible disability.
Anyone injured in these ways can benefit from payments being made over time to cover future medical expenses or by monthly payments to fill the gaps that result from decreased earning capacity.
Structured settlements in maritime cases offer valuable financial protection to a widow, a disabled worker and can even be used to ensure future educational expenses for children. Whatever future expenses you can anticipate can be planned for by developing a periodic payment plan now.