Should I Accept My Initial Long Term Disability Settlement Offer?

If you are someone who has either been injured or has developed a medical condition that prevents you from returning to work either indefinitely or for the foreseeable future, you are most likely now seeking long term disability benefits. These benefits can give you and your family a second chance at life, as well as financial breathing room, knowing that despite missing your paycheck, the cost of living will be covered by these benefits. Our firm has helped countless individuals receive the long term disability benefits they need for years, and we know that we have what it takes to do the same for you. That being said, when you file for long term disability benefits, the very first offer you receive may not be the complete benefits that you are entitled to. This is where we come in. If you believe you received an undervalued settlement from your insurance company, the very first thing you should do is continue reading this blog and then speak with our experienced nationwide long term disability attorneys today. Here are some of the questions you may have:

How do I know if the insurance company undervalued my initial settlement?

To start, you should understand that these companies know you need money, and that you are likely to except their first offer because of it. They are businesses, and your well-being, in many cases, is not more important to them than their bottom line. This is why, after receiving an offer, you should speak with our firm so we can assess the offer as to whether it will truly cover your cost of living in the years to come, and we can also compare it to other settlement offers we have seen for individuals with medical conditions similar to yours.

Should I accept a lump-sum settlement or try for monthly payments?

Generally speaking, we will fight for monthly payments, as lump-sum payments are frequently not the optimal payout. That being said, every situation is different, which is why you need a team of negotiations on your side who can work to ensure that you receive every penny you are entitled to. We operate on a contingency fee basis, which means that you do not owe us a cent if we do not win the benefits you deserve. This means that you have nothing to lose and everything to gain by simply giving us a call today. We are here to help.

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.