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+--- Thread: COMPROMISE & RELEASE (/showthread.php?tid=16230)
COMPROMISE & RELEASE - injured man - 06-18-2016
California question: If you settle via compromise and release and are entitled a life pension because your PD is over 70% do they include the life pension amount in the buyout??? Can they settle a life pension C&R.
RE: COMPROMISE & RELEASE - 1171 - 06-18-2016
generally, yes.
you can compromise and release any single or group of benefits but generally the carrier wants to close it's claim and insists on a complete settlement.
Life Pension is a Permanent Disability benefit and when PD is part of the C&R the LP amount should be included.
RE: COMPROMISE & RELEASE - injured man - 06-18-2016
(06-18-2016, 08:12 PM)1171 Wrote: generally, yes.Thanks again 1171, thats great to know
you can compromise and release any single or group of benefits but generally the carrier wants to close it's claim and insists on a complete settlement.
Life Pension is a Permanent Disability benefit and when PD is part of the C&R the LP amount should be included.
RE: COMPROMISE & RELEASE - 1171 - 06-18-2016
you're welcome.
be well.