Don’t Settle For Less Than You Deserve
One way that insurance companies manage to save money is by offering small lump sums in the hopes that injured people will take that money right away instead of pursuing greater compensation. It often works — many individuals take those settlements to put the matter to rest.
However, your case may be worth much more than the insurance company is offering. A skilled lawyer can help you maximize the amount you receive.
Getting The Best Settlement Possible
In Pennsylvania, there are two ways to receive compensation for your workplace injury. A lump-sum settlement means you receive the money all at once, and insurance companies often offer this first. You may also receive workers’ compensation on an ongoing basis. This means that your employer’s insurer would pay you on a set schedule, usually every two weeks; and cover medical expenses as they arise.
The insurance company may offer you a lump sum hoping that you will not realize that it’s actually much too low. It is best to consult with an experienced workers’ compensation attorney before you start negotiating a lump sum settlement.
Talk To A Professional For Free
If you would like to talk to an attorney about your options, call our office today or reach out to us online. Our meeting will be free of charge.
I’ve heard that lump-sum settlements can be a lot lower than what you would get if you went to trial. Is that true? How can I make sure I’m getting a fair deal?
I’m torn between taking a lump-sum settlement and going to trial for my injury case. Which option is usually better in terms of getting the most compensation?
Lump-sum settlements sound like a quicker way to get your money, but are they really worth it in the long run? Is it better to take a lump sum or spread out payments?
I’ve never dealt with lump-sum settlements before, so I’m not sure how the process works. Can someone explain the steps involved in negotiating a lump-sum settlement?
Yo, I heard lump-sum settlements are dope cuz you get all your cash upfront instead of waiting for slow payments. Is that true?
Lump-sum settlements seem like a good way to get a big chunk of money at once, but are there any downsides to taking that route? What should I watch out for?
I’ve heard that lump-sum settlements can be taxed differently than regular payments. Is that true? How does that work?
I’m worried that if I take a lump-sum settlement, I won’t have enough money to cover my medical expenses in the future. Is there a way to make sure I’ll be financially secure?
My lawyer is pushing me to take a lump-sum settlement, but I’m not sure if it’s the best option for me. How do I know if it’s the right choice?
I’m thinking about taking a lump-sum settlement for my injury case, but I’m worried about getting screwed over. How can I protect myself?