Legal Question in Workers Comp in California

You need to consult with an attorney who has all the information on your PD, need for medical treatment, etc. You give us no information on which to base even a guess.

(1) Price out what your Health Insurance premiums will cost until age 67 because ACCEPTING A LUMP SUM SETTLEMENT WIPES OUT YOUR RIGHTS TO DEMAND ANY FURTHER TREATMENT and you'll need a policy in place that covers pre-existing conditions.

(2) DOUBLE THAT amount and request that.

FOR INSTANCE: If you're 47 and you need 20 years of health insurance @ $18,000/year (its about $9000/year just now but will go WAY up each year, given ObamaCare burdens), to be safe you should have $360,000 to cover that. KNOW THAT THE INSURANCE COMPANY WON'T OFFER ANYWHERE NEAR $360,000 and might completely give up on trying any lump-sum type settlement.

THIS IS A POSSIBLE LOSS FOR WHICH YOU TRULY NEED A CERTIFIED SPECIALIST ATTORNEY so you understand what you're losing and what you're gaining.

Negotiating a lump sum settlement of a life pension is a complicated issue and you should not attempted it without legal representation. The insurance company will not be looking out for your best interest.