Naturally, the most ideal situation after a workplace injury would be for your employer’s insurance company to pay your workers’ comp benefits without making a fuss. Unfortunately, this isn’t always the case.
Many insurance companies instead offer workers’ compensation settlements as an alternative to making regular payments until you have recovered from your injuries. But just as no two work injuries are alike, there is no single settlement amount that works for everyone.
Before you accept any workers’ compensation settlement, there are many factors to consider. In this article, we’ll cover the pros and cons of settling so you can make a more informed decision.