{"id":83,"date":"2018-09-25T19:51:16","date_gmt":"2018-09-25T19:51:16","guid":{"rendered":"https:\/\/demo.maitheme.com\/law\/?page_id=83"},"modified":"2023-12-05T15:04:05","modified_gmt":"2023-12-05T20:04:05","slug":"lump-sum-buyouts-settlement-disability-claim","status":"publish","type":"page","link":"https:\/\/www.nickortizlaw.com\/practice-areas\/long-term-disability-insurance-erisa-lawyer\/lump-sum-buyouts-settlement-disability-claim\/","title":{"rendered":"Lump-Sum Buyouts or Settlement of Your Disability Claim"},"content":{"rendered":"Sometimes, a <a href=\"https:\/\/www.nickortizlaw.com\/practice-areas\/long-term-disability-insurance-erisa-lawyer\/\" data-type=\"page\" data-id=\"3218\">long-term disability<\/a> insurance company will send you a letter offering to buy out your right to continued benefits for a one-time payment, better known as a <strong>lump-sum buyout<\/strong> <strong>offer<\/strong>. The insurance company makes buyout offers while you are receiving long-term disability benefits.\n\n<a href=\"https:\/\/www.nickortizlaw.com\/settlement-offers-v-buyout-offers\/\" data-type=\"post\" data-id=\"3228\">Lump-sum buyout offers are different from settlement offers<\/a>. More often, a disability insurance carrier will deny your claim or terminate your monthly benefits to force a <strong>lump-sum settlement<\/strong> of your disability claim. Lump-sum settlement offers only occur when you\u2019ve been completely denied benefits, and you\u2019re trying to negotiate a settlement with the insurance company. This could be a pre-suit negotiation or may take place after filing a <a href=\"https:\/\/www.nickortizlaw.com\/practice-areas\/long-term-disability-insurance-erisa-lawyer\/lawsuits\/\" data-type=\"page\" data-id=\"842\">lawsuit<\/a>.\n\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph --><!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n\nDisability insurance attorney <a href=\"https:\/\/www.nickortizlaw.com\/about-us\/our-team\/nick-ortiz\/\">Nick Ortiz<\/a> helps policyholders negotiate the best possible buyout or settlement of their disability claim. Call <a href=\"tel:8883218131\"><strong>(888) 321-8131<\/strong><\/a> to get help negotiating your buyout.\n\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading -->\n<h2>How Do Disability Attorneys Help with Lump-Sum Buyout or Settlement Offers?<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n\nBefore accepting a lump-sum payment, you should understand your legal rights, the value of your claim, and what it will take to fight back against a low-ball offer from the disability insurance company.\n\nBuyouts and settlements<em>\u00a0always<\/em> call for experienced legal analysis and guidance. The insurance company will estimate the worth of your disability claim from an <a href=\"https:\/\/www.nickortizlaw.com\/the-insurance-companys-point-of-view\/\">insurance company&#8217;s point of view<\/a>. There is a chance they could undervalue your claim.\n\nStart your research using our free calculator, then contact our office for a consultation.\u00a0 An experienced long-term disability insurance attorney can help you evaluate factors such as:\n\n<!-- \/wp:paragraph -->\n\n<!-- wp:list -->\n<ul>\n \t<li>The present value of your claim;<\/li>\n \t<li>Cost of living;<\/li>\n \t<li><a href=\"https:\/\/www.cdc.gov\/nchs\/fastats\/deaths.htm\" target=\"_blank\" rel=\"noopener\">Mortality rate<\/a>, and<\/li>\n \t<li>Taxes.<\/li>\n<\/ul>\n<!-- \/wp:list -->\n\n<!-- wp:heading -->\n<h2>Don\u2019t Let an Insurance Company Deny You the Security and Success You Deserve<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n\nThe insurance company may want you to make a quick decision, but take some time to review all your options first. A lump-sum buyout or settlement will be a final agreement between you and the insurance company. We handle buyout settlements and settlements in litigation, and we\u2019ve even been able to settle cases right before going to court in what we call pre-litigation mediation.\n\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n\nIf you\u2019d like to speak to a long-term disability insurance attorney about your options, contact Ortiz Law Firm at <strong><a href=\"tel:18883218131\">(888) 321-8131<\/a><\/strong>.\u00a0We can help you evaluate whether the offer is fair and how to move forward with the process.\n\n<!-- \/wp:paragraph -->","protected":false},"excerpt":{"rendered":"<p>Sometimes, a long-term disability insurance company will send you a letter offering to buy out your right to continued benefits for a one-time payment, better known as a lump-sum buyout offer. The insurance company makes buyout offers while you are receiving long-term disability benefits. Lump-sum buyout offers are different from settlement offers. More often, a &hellip;<\/p>\n","protected":false},"author":2,"featured_media":947,"parent":3218,"menu_order":3,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"_links":{"self":[{"href":"https:\/\/www.nickortizlaw.com\/wp-json\/wp\/v2\/pages\/83"}],"collection":[{"href":"https:\/\/www.nickortizlaw.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.nickortizlaw.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.nickortizlaw.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nickortizlaw.com\/wp-json\/wp\/v2\/comments?post=83"}],"version-history":[{"count":0,"href":"https:\/\/www.nickortizlaw.com\/wp-json\/wp\/v2\/pages\/83\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/www.nickortizlaw.com\/wp-json\/wp\/v2\/pages\/3218"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nickortizlaw.com\/wp-json\/wp\/v2\/media\/947"}],"wp:attachment":[{"href":"https:\/\/www.nickortizlaw.com\/wp-json\/wp\/v2\/media?parent=83"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}