Article provided by Albany medical malpractice Attorney - Powers & Santola, LLPSyracuse construction accident lawyers Powers & Santola, LLP have handled every possible type of construction accident case in New York, including workers injured falls, excavation accidents and trench cave-ins causing crush injuries, crane collapses or building collapses that crush or trap workers as well as workers struck by trucks or other vehicles on the job site.

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A structured settlement, which offers injury victims cash payments through a long-term annuity as compensation for their damages and medical expenses, offer a number of possible advantages over payment in a lump sum. While the lump sum payment is the traditional way for responsible parties to pay accident claims, the structured settlement offers payments over the span of an agreed-upon period of time. This length of time may span from several years up to the remainder of the life of the injured party, depending on the severity of the accident, the amount of money involved, and the agreement reached between the two parties.

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