When you’re injured at work, you’ll need help to recover from your suffering. It can be tough to file on time for your accident, but once you do, you’re on your way to a settlement.

Unfortunately, the terminology behind a workers comp settlement can be confusing. You might not know what a “clincher agreement” is or why you should take it. When you’re lost in the confusing terms used by the workers comp insurance provider, it can be tough to recover.

That’s why you’ll need someone on your side, like a Durham work comp lawyer. It’s not easy to get the answers you need, but they can help you settle your claim in a way that benefits you. This settlement is your chance to get the benefits you need to recover, so make sure you’re getting what you need.

What are Clincher Agreements?

First, keep in mind that a workers comp settlement is more than just a few benefits to help you recover. There are different ways in which you could receive these benefits. What you need will depend on your claim, but you should have some options.

In your case, however, you might have already been offered a clincher agreement. These agreements offer you a settlement, and that settlement is intended to be the end of any disputes. It should cover all your needs as an injured worker and leave you with the benefits you need to recover.

However, a clincher agreement also means that your claim is completely resolved. That means that you’ll no longer be able to pursue further benefits for your injury.  

Deciding What Deal to Take

In some cases, a clincher agreement can work for you. If you’ve struggled to get your workers comp, you might wish to have the process done with. This is especially true if you’ve already reached maximum medical improvement. If you’re all better, or as well as you can be, you might have no reason to seek out further compensation.

However, it’s important to remember that this agreement does remove all chances of further compensation. If you choose to take this settlement, it will be the full workers comp benefits you can receive, and you’ll be unable to recover further.

Before you make any decisions about your settlement, then, you’ll need to talk to your lawyer. You’ll need to know whether they’re offering you a fair settlement, since a low one can leave you struggling after your accident. So, make sure you’ll receive the full disability benefits you need, and that you’ll get the medical care you needed covered.

Getting a Fair Settlement

Unfortunately, getting a settlement often just doesn’t feel fair. You need that compensation, but sometimes, your employer and their insurance company just aren’t so agreeable. Worse, they might try to offer you a low settlement and avoid paying you what you deserve.

Sadly, many clincher agreements end up this way. You want to resolve your case, you need that compensation, and so you choose to sign. You take your workers comp benefits, only to discover you’re not getting the full amount you need. Now you’re stuck with less compensation you deserve and no chance to recover.

Unfortunately, that leaves you in a tough spot. So, if you’re struggling to get the work compensation you’re owed, reach out for help getting the full settlement you deserve.