What is a Structured Settlement


A structured settlement is a means of paying or settling a claim for damages on a periodic basis over a specified period of time or for life. The payments to the client are free from tax as outlined by Canada Revenue Agency’s Taxation Interpretation Bulletin IT365R2.

A structured settlement is extremely flexible in design. It can provide for short–term or lifetime payments commencing immediately or deferred to a later date; indexed at a fixed interest rate or linked to the Consumer Price Index (CPI) to offset inflation. It can also include a series of lump sum payments.

A structured settlement is only available at the time of settlement as a result of a personal injury or fatality claim. It is non-assignable, non-transferable and non-commutable.


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