(1) If the earning capacity of the injured person is eliminated or reduced as the result of an injury to limb or health or if their needs are increased, then the injured person is to be provided compensation for their damages by payment of an annuity.
(2) The provisions of section 760 apply to the annuity. Whether the person liable in damages is to provide security, the kind of security and for what amount is determined by the circumstances.
(3) In lieu of the annuity, the injured person may demand a lump sum settlement if there is a compelling reason for doing so.
(4) The claim is not excluded by the fact that another person is to provide the injured person with maintenance.