This press release was originally issued by Release Wire
Fort Lee, New Jersey—(Release Wire) – 07/18/2022 – Settlement Funding Associates, an advocate for the settlement process with injured party and family members, insurance representative, plaintiff and defense attorneys, is working with structured settlement workers’ compensation insurance cases in Jersey City, Cherry Hill, Roseland, Fort Lee, Hackensack and surrounding areas. About a third of cases end in a structured settlement instead of a lump sum. It is important to understand these types of structured settlements and the team at Settlement Funding Associates can help you navigate this process.
When it comes to the different scenarios associated with structured settlements when it comes to workers’ compensation cases, there are an almost limitless number. The location of the incident or injury may be in a number of locations, including the workplace itself, but may also include business travel, travel into town for work-related errands, work or attend a mandatory social event with colleagues and clients.
Another set of scenarios includes the cause of the case. It could be something like slipping and falling down the stairs, or it could be a repetitive stress injury that takes a while to develop. Work-related illnesses resulting from exposure to toxic substances over time or from a dangerous health condition. It doesn’t have to happen only on the company site.
Even the fault of the incident can be due to various reasons, ranging from accidental fault to the fault of the employee, the fault of the employer or even of a third party such as a colleague or possibly a client. Workers’ compensation cases with structured settlements can be varied.
When a structured settlement is made in these types of cases, it helps establish financial security for the injured employee. This can include medical expenses due to surgeries, durable medical equipment, as well as loss of income due to permanent disability. This arrangement also helps keep injured employees out of public assistance since they will have a steady stream of income for many years.
Settlement Funding Associates is your trusted partner in structured settlement solutions, including workers’ compensation insurance. They serve Jersey City, Cherry Hill, Roseland, Fort Lee, Hackensack and surrounding areas.
About Settlement Funding Associates
Settlement Funding Associates has over 35 years of experience in developing customized structured settlement plans for every type of claim. Visit www.settlementfundingassociates.com to learn more about their services.
For more information on this press release, visit: http://www.releasewire.com/press-releases/settlement-funding-associates-works-with-workers-compensation-insurance-cases-in-jersey-city-cherry-hill-roseland-fort-lee-hackensack- and-the-surrounding-areas-1360740.htm