“I overcame a life long antipathy for structures when I met the powers at Creative Capital.
The intriguing feature offered was their CORA Affidavit but I have come to learn that CORA is more than a marketing strategy;
it’s also a reflection of the values of the company and its leadership.”
Stewart M. Casper, Esq., AAJ Governor, CT
Certificate of Reliability and Assurances (CORA)
Creative Capital Inc. is the only structured settlement firm that offers protection from fraud and misrepresentation through a Certificate of Reliability and Assurances (CORA). Made under oath, this affidavit asserts the integrity of the settlement process, assures the full disclosure of terms, and carries all penalties for perjury.
Abuse of the System
Despite legal and regulatory prohibitions to prevent rebating, it is common knowledge that existing laws are frequently ignored as some structured settlement brokers pay part of their commission to their casualty insurer clients. Although tied to a percentage of commissions earned by the broker, such arrangements have been called "service fees" or "administrative fees". CCI's stated position, along with legal departments of life insurance companies, is that these are transparent attempts to avoid anti-rebating laws on the books in most states.
CORA is a series of affirmative representations and warranties issued in writing for every case. These certify that CCI:
Does not pay commission rebates to any party or insurer, or evade the anti-rebating statutes through "service fee" or "administrative fee" arrangements
Fully discloses age ratings and never misrepresents the cost of a structured settlement by engaging in post settlement medical underwriting
Always discloses the true cost of the structured settlements it negotiates and does not attempt to artificially inflate the value of any settlement by using unrealistic present value calculations
Is not an "in house" or captive broker owned or controlled by an insurance carrier
Insist on CORA
CCI has continually taken the lead in advocating ethical and professional standards in the structured settlement industry. Plaintiffs, defendants and the courts can rest assured that the facts and the numbers are indeed as they are represented when CCI handles a case. CORA's warranty section would expose CCI to civil and criminal liability if any statement were false. No other structured settlement firm offers anything like it.