There are a number of ways to conclude your workers compensation claim. Unfortunately, there is no simple way to figure out what might be best for you. Although an insurance company might suggest a settlement, it may not always be in your best interest to do so. In most cases, a worker’s compensation settlement will require you to give up all of your rights to future benefits. Before doing so, you need to fully understand what those benefits might involve and how much money you might need to cover your future needs. There may also be other factors to consider such as your family, your ability to work and whether you want to have the insurance company involved with controlling this aspect of your life. These are never easy decisions to make
If you would like to know more, the Colorado Department of Labor website offers information to injured workers regarding their rights and responsibilities. Their website is located at:
Please click here to visit the website for the department of labor for more information.