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Dealing with your disability insurance company can often be a frustrating and humiliating process.  While some people can recover somewhat from disability and work again many cannot.  You rely on your disability insurance benefits to meet basic living expenses and to have some security for the future.

When you sue your disability insurance company an opportunity may arise at a mediation to settle your case and receive a fair lump sum settlement. The decision to negotiate and accept a lump sum settlement is an important one.

The benefits to negotiating a large lump sum settlement are as follows:

• You don’t have to worry about your disability insurance company denying or stopping your disability benefits again.
• You can use the money to invest for your retirement, pay for family expenses such as education, or pay off your debts.
• If you pass away while receiving monthly disability benefits those payments will end. Rather you can pass on your lump sum payment and its earnings to your spouse and children.
• You get to end your relationship with your disability insurance company and eliminate the frustration and stress of dealing with them on a regular basis.

The downside of negotiating a lump sum settlement with your disability insurance company at mediation is that you will sign a full and final release and there is no going back,