Advantages of a Structured Settlements

  • Protection
  • Individually Tailored
  • Tax Free
  • No Management Fee
  • Guaranteed, Risk Free
  • Peace of Mind


There are 3 guarantors for a Structured Settlement. This ensures that your structured settlement will be viable and paid out for its entire term — no exceptions.

Life Insurance Company: The Life Company issues the periodic payment stream for the duration of the contract. They must be a Canadian federally-registered insurer which is regulated by the Office of the Superintendent of Financial Institutions (OSFI). The life insurer must have a rating of BBB or above from Standard & Poor's.

Assuris: Assuris is a not for profit organization that protects Canadian policyholders in the event that the Life Company should become insolvent. Assuris is funded by the life insurance industry and endorsed by the government. Assuris guarantees that you will retain up to $2,000 per month or 85% of the promised monthly payment, whichever is higher.

Casualty Company: The Casualty Company is named as the owner of the annuity contract for the duration of its payment stream and therefore remains liable to the extent of the payment period. If you owned the structured settlement, it would be a regular annuity and the payments would be taxable.

Individually Tailored

When we design the Structured Settlement, we discuss your current and future needs in order to better understand which combination of the available options will best suit you.

Term Certain Annuity: The payment period is set for a specific period of time and then stops regardless of whether the client is alive. It can be paid to a specific age or for a pre-determined number of years. For example a Term Certain Annuity 30 years, or Term Certain Annuity to age 65.

Lifetime Annuity: The payment stream is guaranteed for the duration of the client’s lifetime and usually contains a minimum guarantee period to the Estate, or a named beneficiary. The guarantee period can be from 1– 40 years and will provide security for remaining family members.

Lump Sum Payments: These are sometimes referred to as “balloon payments” as they can be for any value and at any time in the future. They can be added to the basic annuity plans discussed above for future expenses, education, vacations, or investment opportunities.

Indexation: The plans can be indexed at a fixed rate to offset inflation. Payments can also be linked to the Consumer Price Index (CPI) to guarantee that payments increase at the same rate as inflation.

Our experienced team is here to work with you to develop the best plan for you.

Tax Free

  • Tax free to you and to your named beneficiary in the event of your death
  • Structured Settlements are tax free as per Canada Revenue Agency’s taxation interpretation bulletin pertaining to Damages, Settlements and Similar Receipts; IT365R2.
    » Tax Bulletin

No Management Fee

We are paid a one-time commission directly from the life insurance company. You will never receive a bill from us for our services. The number you see in your settlement is your money— all of it. Our ongoing services to you are free — for as long as you need us.

Guaranteed, Risk Free

Baxter guarantees that the annuity and all settlement documentation provided to us, comply with the requirements of Canada Revenue Agency, Taxation, as set out in the Interpretation Bulletin IT365R2 as it pertains to Structured Settlements.

Baxter guarantees that the annuity has been brokered with the major federally licensed Canadian Life insurers.

Baxter guarantees that the terms of the annuity conform with the settlement agreement and related documents as provided to Baxter.

Baxter guarantees that it will provide, at no cost, and for the life of the client, management services related to banking information and processes, and any other service requirements.

Peace of Mind

We know you need this money to last — for a lifetime. We will help you work out a plan and put it into action, so you can go back to living your life knowing that your money is secure. Once your structured settlement is in place, it never changes; not even if the market changes. We don’t charge you any management fees and there are no adjustments to make. Your structured settlement guarantees your payments for the full amount and full term outlined in your settlement.

Your structured settlement will always be tax free!


Can Baxter Help?

Baxter Structures

3 Church Street
Suite 501
Toronto, ON
M5E 1M2

+1 (416) 947-1266 phone
+1 (800) 387-1686 toll free
+1 (416) 947-0766 fax