Contact us today for a free initial consultation.

The Martin Law Group is dedicated to being your go-to ERISA disability attorneys and long-term disability lawyers in Alabama and Mississippi. Whether you are pursuing a long-term disability claim, life insurance benefits, or your pension or retirement benefits, we will meet with you face-to-face to discuss your claim at a location convenient for you. 

 

In an effort to make disability claims as easy as possible, we offer a free initial consultation. We often work with clients in Huntsville, Mobile, Birmingham, Montgomery, Dothan, Tuscaloosa, and Florence, in Alabama, as well as with clients in Columbus, Meridian, Jackson, Hattiesburg, Tupelo, and Gulfport, Mississippi, and surrounding areas.

Contact us today for a free consultation.

800-284-9309

info@erisacase.com

Tuscaloosa Office

2117 Jack Warner Pkwy
Suite #1
Tuscaloosa, Alabama 35401
Toll-Free: 800-284-9309
Local: 205-343-1771

Birmingham Office

The WSK Building
2323 2nd Avenue North
Birmingham, Alabama 35203
Toll-Free: 800-284-9309
Local: 205-343-1771

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DISCLAIMER: These recoveries and testimonials are not an indication of future results. Every case is different, and regardless of what friends, family, or other individuals may say about what a case is worth, each case must be evaluated on its own facts and circumstances as they apply to the law. The valuation of a case depends on the facts, the injuries, the jurisdiction, the venue, the witnesses, the parties, and the testimony, among other factors. Furthermore, no representation is made that the quality of the legal services to be performed is greater than the quality of legal services performed by other lawyers.

  • Long term disability lawyer
  • ERISA disability lawyer
  • Retirement benefits lawyer

Settlements & Buyouts

Even if you win your appeal after your long-term disability benefit claim is initially denied, the battle may not be over. Your insurance company may attempt to reduce what is owed to you by offering a settlement or buyout.

It may sound tempting to accept a lump-sum payment, but it may not be in your best interest. Our ERISA case lawyers can help with that evaluation.

For example, if you are scheduled to receive $100,000 over your lifetime, the insurance company may offer a buyout of $30,000 to be paid immediately. You may be tempted to accept the payout because you need the cash (maybe to do some remodeling on your home or to buy a handicapped-modified van) rather than wait for a lifetime of relatively small payments.  But, you may not have to.

 

You may also want to accept a buyout because of the “bird in the hand” principle. You may worry that the insurance company will find some excuse in the future to stop making payments, and you may believe that accepting the $30,000 upfront can eliminate worries about that possibility. But, there may be other things to consider.

Our attorneys advise clients on the factors and fairness of insurance company buyout settlement offers. Our attorneys use analytical tools that offer clients an objective analysis of the projected lifetime payments versus a buyout settlement offer.   


In addition to mathematical calculations, we also review other factors — such as evidence and other issues that the adjuster may consider. 

 

Each case is unique. You should not draw your own conclusions or make a decision without legal advice. Should you accept lump sum benefits or hold out for a lifetime of smaller payments? Our experienced ERISA disability and long term disability lawyers can evaluate long-term disability buyouts.