The New York WACO Settlement Agreement Indemnityit— - Section 32 ICL is a legal document setting forth the mutual agreement between the parties involved in settling a workers’ compensation claim. This document outlines the specific terms of the settlement, including the amount of money that is to be paid to the injured worker, as well as the parties’ respective obligations and indemnifications. The document also outlines the procedures for filing and processing the claim. There are three types of New York WACO Settlement Agreement Indemnityit— - Section 32 ICL documents: Lump Sum Agreement, Structured Settlement Agreement, and Compromise and Release Agreement. The Lump Sum Agreement is used for a one-time payment; the Structured Settlement Agreement is used for a series of payments over time; and the Compromise and Release Agreement is used when the parties settle a claim without going to trial.