A structured settlement is an insurance or financial arrangement where the claimant agrees to receive a portion of their settlement in regular payments, instead of a single lump sum. A structured settlement is a good option for people who do not have the financial resources to pay out a large lump sum at once. Often, these types of settlements are the most affordable option for people who have suffered an injury or suffered a loss. There are several things to consider before transferring structured settlement payment rights. The first thing to consider is if the transferee can satisfy the terms of the transfer. If a transferee is willing to give up his or her structured settlement payments to someone else, the transferee must notify the other party in a timely manner.