Once you have reached maximum medical improvement, your employer’s insurance carrier may offer a lump-sum settlement, a single payment that closes out your workers’ compensation claim in full. While a settlement provides certainty and immediate funds, it typically means giving up your right to any future workers’ comp benefits related to that injury, including future medical care. Whether a settlement is in your best interest depends on the severity and permanence of your injury, your future medical needs, your age, and the settlement amount being offered. You should never accept a lump-sum settlement without first consulting an attorney. Our Beaufort workers’ comp lawyers can evaluate whether an offer is fair and negotiate for better terms.