What does a structured settlement in an employer's liability claim provide?

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A structured settlement in an employer's liability claim offers the claimant income over a period of time rather than a single lump-sum payment. This arrangement allows for the claimant to receive regular payments, which can help ensure financial stability, especially if the settlement is meant to cover ongoing medical expenses, loss of income, or other long-term costs associated with the injury.

Structured settlements can be particularly beneficial for claimants who may need continued support as they adjust to their circumstances or as their recovery progresses. This type of settlement is designed to provide a steady income stream, which can be advantageous for planning and managing finances over the long haul, particularly in cases where the claimant may not be able to work due to the injury sustained.

In contrast, the other options such as immediate lump-sum payments or reimbursement for medical expenses and legal fees do not typically align with the purpose of structured settlements, which focus on providing a sustained financial solution to support the ongoing needs of the injured party.

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