Understanding How Voluntary Tender Works In New Jersey
If you have been injured in a workplace accident and need money sooner than you can get it through the workers’ compensation process, there are legal options available. In the state of New Jersey, workers can request a voluntary tender payment prior to getting an award or settlement from their workers’ compensation claim.
Voluntary Tender And Workers’ Compensation Insurance In New Jersey
At Parisi & Gerlanc Attorneys At Law, we can help you make this request and advise you as to whether this is in your best interests. Often this comes down to the specific circumstances of your situation. Our attorneys will carefully evaluate your situation and inform you on all your legal rights. If something suggests that you might receive less by taking the voluntary tender, we will fully inform you on how this will impact you now and in the future.
The voluntary tender is paid by your employer’s workers’ compensation insurance company. These payments are usually made if they know that you will eventually be given disability benefits. Generally this option is best for those who have been involved in a serious accident and receiving temporary disability payments. The voluntary tender will cut off the temporary payments, but will provide the individual money to get on until the waiting period of 26 weeks for permanent disability is through. This will limit exposure for attorney fees during this period.