The Wake North Carolina Application for Lump Sum Award for Workers' Compensation is a legal document that is designed to help injured workers in Wake County, North Carolina, apply for a lump sum settlement for their workers' compensation claims. This application is intended for employees who have suffered a work-related injury or illness and have already received or are currently receiving workers' compensation benefits. The purpose of the Wake North Carolina Application for Lump Sum Award for Workers' Compensation is to provide injured workers with an option to receive a one-time payment that covers their future medical expenses, lost wages, and other related costs, instead of periodic payments over time. This lump sum award can be beneficial for individuals who prefer to have a significant sum upfront to cover their immediate financial needs or for those who want to settle their workers' compensation claims and close their case. In order to qualify for a lump sum award through this application, the injured worker must meet certain criteria set by the North Carolina Industrial Commission, the governing body responsible for overseeing workers' compensation claims in the state. These criteria include having a permanent disability or impairment, reaching maximum medical improvement, and meeting other legal requirements as per North Carolina's workers' compensation laws. The application process for the Wake North Carolina Application for Lump Sum Award for Workers' Compensation involves filling out various forms and providing relevant medical records and supporting documents to support the claim. It is crucial for applicants to ensure that their application is accurately completed and well-documented to increase the chances of a successful claim. Different types of Wake North Carolina Application for Lump Sum Award for Workers' Compensation may include: 1. Lump Sum Award for Permanent Partial Disability: This type of application is for workers who have sustained a permanent partial disability due to a work-related injury or illness. It allows them to receive a lump sum payment based on the severity and impact of their disability. 2. Lump Sum Award for Permanent Total Disability: This application is for workers who have suffered a permanent total disability, rendering them unable to work in any capacity due to their work-related injury or illness. It entitles them to receive a lump sum payment to compensate for their inability to earn wages in the future. 3. Lump Sum Award for Vocational Rehabilitation: This type of application is available for workers who require vocational rehabilitation services to aid in their return to gainful employment after a work-related injury. The lump sum award helps cover the costs associated with vocational training, education, or job placement services. It is important for individuals considering the Wake North Carolina Application for Lump Sum Award for Workers' Compensation to consult with an attorney specializing in workers' compensation law. This professional can guide them through the application process, provide legal advice, and ensure that their rights and interests are protected throughout the proceedings.