Texas Workers Compensation Lifetime Income Benefits Guide


Do you know someone who should be eligible for lifetime income benefits and is not receiving them? 
 
Look at this statistic:
 
Total Payments Made Out of the Subsequent Injury Fund for Lifetime Income Benefits and Reimbursements to Insurance Carriers: $3,283,131 
 
Number of Injured Employees Receiving Lifetime Income Benefit (LIBs) Payments through the SIF:  35
 
Lifetime Income Benefits are paid when there is a combination of injuries that prevents you from working. These benefits are paid at the rate of 75% of your average weekly wage. The benefit amount rises at the rate of 3% per year. The benefits may be paid by annuity, but the purchase of an annuity by the insurance carrier does not relieve the insurance carrier of the responsibility to pay the benefits timely and appropriately.
 
These combinations include:
  • total and permanent loss of sight in both eyes
  • loss of both feet at or above the ankle
  • loss of both hands at or above the wrist
  • loss of one foot at or above the ankle and loss of one hand at or above the wrist
  • an injury to the spine that results in permanent and complete paralysis of both arms, both legs, or one arm and one leg
  • a physically traumatic injury to the burn resulting in incurable insanity or imbecility
  • third degree burns that cover at least 40% of the body
  • third degree burns covering the majority of both hands or one hand and the face
  • the total and permanent loss of use of a body part is the same as the total loss of that body part.
We can help with these situations and provide advice and assistance to you regarding your workers compensation claim. We have 23 years of experience handling Texas workers compensation cases. If you have any questions, we are here to help you.

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