After a workplace injury, your workers’ compensation insurance company may offer to pay you a single lump sum to cover your future benefits for lost wages, medical bills and permanent impairment. This lump sum may look attractive when paid all at once. Should you take it?

At Goodwin Como, P.C., in Uniontown, Pennsylvania, our lawyers offer a free initial consultation to review the insurance company’s offer. We will use our years of experience to help you explore all your options and fight for the compensation you truly deserve.

Should You Give Up Your Rights To Future Benefits?

The first thing you should know is that taking a lump sum now means you give up your right to seek additional compensation in the future. If you lose any more wages or incur more medical costs, you cannot ask for additional compensation. You must be sure that the lump sum will cover all costs you will have.

To help you get started, ask yourself the following questions:

  • Are you able to work?
  • Will you need medical treatment in the future?
  • Will you need surgery?
  • How severe is your injury?
  • Do you need disability benefits?
  • Are you entitled to money for permanent impairment?
  • Are you entitled to money for scarring or disfigurement?

The insurance company may only have offered you that lump sum to protect itself from additional future costs. We can help you decide what is really in your best interests, rather than the best interests of the insurance company.

For More Information About Workers’ Comp Settlements

If you have been offered a lump-sum settlement or you just want to look into all your options, please contact us online or call 724-438-1616. Our attorneys offer free initial consultations to help you go over your options.