Structured settlements can be bought as an investment or provided as a compensatory payment to an injured party. Hence, these settlements can be used when receiving periodic payments or can sold either by parts or as a full settlement to raise a lump sum.

Structured settlements are usually sold in case of financial emergencies like medical or legal troubles. So the individual interested in buying the structured settlement must consider these even before going in for the settlement. The settlement being offered in the case of a personal injury must be able to cover the cost of the medical expenses as well as the daily requirements of the injured person