If you’ve been injured at work and are entitled to workers’ comp benefits, it can be difficult to know what actions to take. Oftentimes, you’ll be offered the option to take your benefits in one lump sum as a settlement. Understanding the benefits of a workers’ compensation settlement can help you decide if it’s the right choice for you.
Receive a Lump Sum
One of the biggest benefits of settling is the fact that you’ll often get one big lump sum. Instead of weekly payments, you can get all your benefits at once. This will also usually be tax-free, which can be incredibly helpful.
Continue Treatment on Your Own Terms
With the one lump sum from a settlement, you can continue treatment however you want to. You can use that money to see the doctors you want without having to deal with insurance companies. This can improve your ability to heal and get the treatment you need.
Accept a New Job
Perhaps the most important benefit of taking a workers’ compensation settlement is the fact that you can get a new job. If you have weekly payments, you’ll most likely have to stay at your old job. With the lump sum, you can move on with your life and get back to work.
Need a Workers’ Compensation Settlement Near Marysville?
If you need help with a workers’ compensation claim, no matter the type, the attorneys at JFH Law are here to help. Our team will work with you to make sure all your questions are answered and help you get access to any benefits you’re entitled to if you’re hurt at work. Contact us today for a free consultation.
Expert Help With a Workers’ Compensation Settlement Near Marysville
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