What distinct feature does a Scheduled Release Settlement have?

A Scheduled Release Settlement is characterized by payments that are made in a pre-determined schedule rather than a lump-sum payment. This type of settlement allows for ongoing payments that can cover compensatory damages as they arise, instead of a single payment that finalizes the claim all at once. This method is often advantageous in situations where the full extent of damages may not be immediately clear, enabling a claimant to receive funds as needed over time based on their situation.

The concept of open-ended payments allows for flexibility and can accommodate future developments in the situation, which is a distinct feature compared to other types of settlements that may close the case entirely or limit future claims. In contrast, other options describe types of settlements that do not align with the scheduled and ongoing nature of payments characteristic of a Scheduled Release Settlement.