An Employee’s Guide To Workers’ Compensation Settlements
Workers’ compensation is a system of insurance that benefits employees who are injured or who become ill due to their job. The employer’s insurance company typically pays workers’ compensation settlements. If you are an employee injured or becomes ill due to your job, you may be entitled to receive workers’ compensation benefits. These benefits can include medical expenses, income replacement, and death benefits . Workers’ compensation settlements are usually paid out in a lump sum. However, there are some cases where settlements are paid in installments. If you are an employee considering pursuing a workers’ compensation settlement, you should keep a few things in mind. This post will provide an overview of the workers’ compensation settlement process and tips to help you get the most from your settlement. What is workers’ compensation insurance? Workers’ compensation insurance is a type of insurance that provides benefits to employees who are injured or become ill due to their jo