Should I Accept a Long Term Disability Settlement?

There are few things worse than being unable to return to work after sustaining a serious injury or contracting a debilitating medical condition. However, if you are someone who finds yourself in this situation, you may apply for long term disability insurance. That being said, in some cases, insurance companies will offer you a lump-sum settlement, however, the insurance companies frequently undervalue these settlements. If you believe this is the case for you, contact the experienced legal team at Walker & Hern today to discuss your legal options going forward.

Is my settlement offer undervalued?

Oftentimes, insurance companies will offer you settlements. However, is the quick cash really worth it? Though you may want to simply accept the settlement and move on with your life, you should truly consider whether this is the payout you deserve. Insurance companies are businesses, which means that they may very well offer you way less than they are obligated to give/what you truly deserve and need. Because of this, you need experienced long term disability attorneys on your side who can weigh the pros and cons of accepting a settlement, and from there, determine the best course of action forward.

Should I accept a lump-sum settlement?

In many cases, the answer to this question is “no.” However, here at Walker & Hern, we know how to negotiate settlements so that you truly receive the optimal amount of compensation to help you go about your daily life for years to come. We can use a wide array of negotiation tactics to help ensure that your settlement will cover your medical bills, lost wages, and any other financial burdens related to your disability. Of course, every situation is different, which is why if you are someone who is now dealing with a disability that prevents you from returning to work, you need a knowledgeable team of long term disability attorneys on your side who can determine whether monthly payments or one lump-sum settlement is best for you. Walker & Hern is that firm. We are here to fight for your rights, every step of the way.

Contact our experienced firm

If you or someone you know is looking to receive long term disability benefits and needs the help of an experienced attorney, contact Walker & Hern today.

Our firm has significant experience helping people just like you retain or defend their Long Term Disability Benefits. Contact Walker & Hern for a free consultation.