Workmans Comp Settlement

Are you an injured worker who has made the decision to accept a settlement, rather than seeing your claim through multiple rounds of review and possible appeal? If so, be sure to think through all the implications before signing your name on the dotted line. Although settlements are often the most expedient way to resolve your case, they may reduce the overall amount of the benefits that you receive. Before you agree to the insurance company's proposed settlement, be sure that the amount they are offering is in line with the overall value of your case. In addition, it may be beneficial to research the types of settlements that are legal in your state in order to get a better grasp on the alternatives that are available to you. Finally, if financial pressures are pushing you towards a settlement, look into other temporary relief measures and sources of disability funds before agreeing to a settlement that might not be in your family's best interests in the long run.

Fast Facts

  • As soon as possible after your injury, fill out all required paperwork provided by your employer, your union, and the state workers' compensation board.
  • If possible, keep copies of all the paperwork you fill out related to your workers' compensation claim.

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