It’s important to know how to make money, handle money, and how to improve your financial situation, but what would happen if you were unable to work, perhaps because you had suffered a workplace injury? Would you know what to do next and how to ensure your finances weren’t too badly affected? As farfetched as this may sound, it’s a possibility that shouldn’t be ignored!

Get A Lawyer

It might not be what first comes to mind, and suing for compensation isn’t always possible (and it’s certainly not an easy decision to make), but if there is any chance you can be awarded compensation for what happened, then you should contact a personal injury lawyer such as the experts at McMath Woods P.A. 

Doing this is even more important if you can’t work and you’re not earning any money; the compensation you receive isn’t a ‘bonus’ – it’s to help you pay your bills and pay for medical expenses should you have any. So it’s crucial that you at least look into this idea before dismissing it. Even a small, perhaps less serious injury, can result in compensation. Plus, if you were injured through negligence and poor health and safety practices, someone else could be too, and the sooner you make a claim, the sooner things will become safer. 

Apply For Benefits

If you can’t work because of an injury, you will need to apply for benefits as soon as you can. The rules regarding how to do this will depend on how much you earned, what injury you suffered, how it has affected your life, and so on, so seeking advice from an expert is always a good idea. Your HR department should be able to help get you pointed in the right direction, or check your State’s Workers Compensation website for more information. 

You might even be able to claim on your life insurance if you have critical injury cover. Again, it will depend on the terms and conditions and how much you are paid out will depend on what your salary had been and the extent of your injury, but it’s certainly worth looking into. After all, you pay your premiums so that the insurance is there if you need it, and when you are injured and unable to work, you definitely need it. 

Look For A New Job 

Again, this will depend on the injury you sustained and how it affects your life going forward, but if you are able to work, you should spend some time searching for a new job once your injury has healed and you are more recovered. 

The job you have next might not be the same as the one you left, and it might even be in a different sector altogether, but if working is important to you and it gives you something to occupy your mind and be proud of, then your recovery time is a good opportunity to search out new ideas. 

You might even think about going back into education to gain new skills. Again, this is something that is entirely possible, especially thanks to online learning that offers advanced flexibility and high-quality teaching. 

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