Not unless your banker or your stock broker has fully met all the statutory requirements and has been duly certified -currently -to offer structured settlement products and services.

The law mandates that a structured settlement can only be set up by a certified structured settlement consultant. The law further requires that life insurance companies offer all their structured settlement products (also known as "settlement annuities") and services through a properly certified individual only -i.e. only through a duly certified structured settlement professional

Consult with the most recent version of United States Department of Justice List of Approved Structured Settlement Brokers before you retain/hire a structured settlement broker or a structured annuities specialist. Please bear in mind that subsequent to the publishing of this webpage, US DOJ may have updated the list of certified structured settlements brokers linked above, and may be making the most recent list available at a slightly different URL. Contact this Structured Settlements Website if you need help with verifying whether or not a structured settlements specialist is duly certified by the US DOJ.

On a related note, allow us to stress that it is always a good idea to not completely rely on or trust a structured settlement broker affiliated with or provided by the defendants. It would be in your best interest to consult with a structured settlement broker that works for you, and not the defendants.