The Kentucky Agreement As To Compensation And Order Approving Settlement (Fatality) is a legal document that is used to settle a claim for a wrongful death resulting from a workplace accident. It is a legally binding contract between the employer, the deceased's family, and the Kentucky Department of Workers' Compensation. The Agreement outlines the amount of monetary compensation that the employer will provide to the deceased's family in exchange for their agreement to not pursue any further legal action against the employer or its workers. It also outlines the conditions under which the settlement is to be paid. There are two types of Kentucky Agreement As To Compensation And Order Approving Settlement (Fatality): Lump Sum and Structured Settlement. A Lump Sum agreement is a one-time payment of the full amount of the settlement. A Structured Settlement is a payment plan that is broken up into periodic payments over a period of time.
Kentucky Agreement As To Compensation And Order Approving Settlement (Fatality)
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