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Lump-Sum Settlements

Don’t Settle For Less Than You Deserve

One way that insurance companies manage to save money is by offering small lump sums in the hopes that injured people will take that money right away instead of pursuing greater compensation. It often works — many individuals take those settlements to put the matter to rest.

However, your case may be worth much more than the insurance company is offering. A skilled lawyer can help you maximize the amount you receive. In his decades of experience, founding attorney Matthew F. Golden has done it countless times.

Getting The Best Settlement Possible

In Pennsylvania, there are two ways to receive compensation for your workplace injury. A lump-sum settlement means you receive the money all at once, and insurance companies often offer this first. You may also receive workers’ compensation on an ongoing basis. This means that your employer’s insurer would pay you on a set schedule, usually every two weeks; and cover medical expenses as they arise.

The insurance company may offer you a lump sum hoping that you will not realize that it’s actually much too low. It is best to consult with an experienced workers’ compensation attorney before you start negotiating a lump sum settlement.

Talk To A Professional For Free

No matter your situation, Golden Law Firm is prepared to work on your behalf to get you the best compensation offer possible. If you would like to talk to an attorney about your options, call our Williamsport office today at 570-980-1718 or reach out to us online. Our meeting will be free of charge.