I’m Chuck Pappas and I am an attorney in Massachusetts and I specialize in helping workers who have been injured on the job.
If you’ve been injured in an accident on the job and are receiving Worker’s Compensation benefits you may have heard the term lump sum settlements. Lump sum settlement in a Massachusetts Worker’s Compensation claim is where the injured worker and the Worker’s Compensation insurance carrier come to an agreement to settle the claim by the payment and acceptance of a lump sum amount. This means that the injured worker would receive a one-time lump sum payment of a specified amount of future disability checks instead of continuing to receive weekly disability checks each week from the insurance company.
The amount of the lump sum settlement that the parties may agree upon depends on a number of different factors. Some important factor include the amount of the weekly disability checks that the number of weeks remaining for the weekly disability checks. Additionally, the severity and extent of the employee’s injuries and the anticipated amount of time the employee will remain out of work due to his or her injuries are also very important in determining a fair and reasonable settlement amount.
If you were injured on the job in Massachusetts and are receiving weekly disability checks and you're wondering whether you can receive a lump sum settlement, you should call our office.
At Mahaney & Pappas, we focus our practice on helping injured workers and have negotiated and obtained many lump sum settlements. We know what factors and variables must be considered and proven to maximize the amount of money you can recover. We deal with insurance companies every day and we have the experience and resources necessary to get injured workers like you the settlements they deserve.
If you have questions about your claim or a lump sum settlement, feel free to give us a call or fill out the contact form on our website. We’d be happy to speak with you, answer your questions and explain how we may be able to help you.
