It's normal to be concerned about what will happen to your workers' compensation payments when your company files for bankruptcy. Generally speaking, since workers' compensation insurance plans are usually obtained in advance, your benefits shouldn't be instantly affected. These plans are designed to cover the claim throughout the whole period of time, independent of the business's operating state at the time.
Dealing with the insurance procedure and making sure your benefits keep coming up adds another level of difficulty. This might entail speaking with the insurance provider directly or handling governmental guarantee funds established to safeguard employees in such circumstances. To ensure that your rights are upheld and that you get the benefits to which you are legally entitled, it is imperative that you have an experienced workers’ compensation lawyer at your side while you navigate these waters.
To protect your interests, a knowledgeable lawyer can advise you on how to file claims, handle negotiations with insurance companies, and, if needed, represent you in court. We at Munley Law are aware of the anxiety and worry that accompany job status changes and how they affect workers' compensation payments. Our group of knowledgeable workers' compensation lawyers is available to assist you at every stage of the procedure, offering the knowledge and assistance required to ensure your benefits and peace of mind. Call Munley Law today for a free consultation.
