You've been offered a settlement. Should you take it?
If you're injured on the job, your company's insurance provider may offer you a settlement very quickly. They do this in the hopes that they can pay out the least compensation possible. But how can you ensure that you get what you're owed? Will this be the best settlement offer you're given?Answering Questions About Workers' Compensation Settlements
Clients often come to us with questions and concerns about workers' compensation cases. They want to know if they have a claim, if they should take an offered settlement, or if they should pursue more compensation.
Before you make a decision about taking a settlement in Georgia, you should consider a few factors. A settlement generally results in a one-time, lump sum payment, whereas workers’ compensation provides for smaller, weekly benefits.
Accepting a settlement could leave you in a difficult economic situation if you are still unable to work when the settlement money runs out. You could also continue to require medical care with no way to pay for it. On the other hand, if you accept a lump sum settlement, you will be able to use the money now, as opposed to waiting for it week after week.Talk to an Attorney Before Signing a Settlement in Georgia
Before you agree to sign anything, settlement or otherwise, contact McAleer Law for a free consultation. We can help you understand all of your options and the possible consequences of your decision. At McAleer Law, we are familiar with all of the laws concerning workers’ compensation and workers’ comp benefits. We can make sure you are not taken advantage of.
In the event that you choose to settle your workers’ compensation case, we will do our best to ensure that the settlement you receive is fair and allows for all the benefits you are entitled to. Call us today at 404-622-5337, or contact us here.