Legal Question in Workers Comp in Illinois
settlement amounts
Could some one please break down how the ins. co. pays out a settlement? Say a claim is WORTH $500K. Could some one please explain how they come by that number, and how much the claimant would actully receive in a lump sum? Actual dollars, percentage over time, etc...
Asked on 1/26/08, 4:32 pm
1 Answer from Attorneys
Michael R. Nack
Michael R. Nack, Attorney at Law
Re: settlement amounts
If you have an attorney, your attorney should be able to explain everything to yoru satisfaction. If you do not have an attorney, and you have a worker's compensation claim, then you should have an attorney. Please feel free to call me and I will refer you to one of the very best worker's compensation attorneys around.
Answered on 1/27/08, 10:42 pm
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