Potential Problems With Lump Sum Workers' Compensation Settlement
Most states have workers' compensation laws that allow you to negotiate for a lump sum payment instead of periodic payments. This is why the insurance company may present you with an initial offer to settle your case. However, before you accept that offer, it's important to understand some of its potential complications, such as these three:
Rejection by the Judge
You are not the only one who has a say on whether or not the offer is adequate for your compensation.