My employer has offered a settlement with an annuity and open medical for life. They are the owner of the annuity.
I know that the annuity provides monthy payments for life, but I could die the day I sign it. They are paying a good amount for the annuity (an amount that was no way near what was ever offered me).
My ? is - Do you think I could counter offer with the amount with the amount that they are paying up front and the amount they are paying for the annuity? If they are willing to pay it to an insurance company they should be willing to pay it to me. I know that I will owe more in attorney fees - but I feel like I would be more in control.
As for the medical - I guess I will under them for life. They do not want to do the medical set-aside.