Sign Accident Medical Claim Form Electronically

How to eSign a document: This Form Must Be Signed By The

hello in this video discussion we will discuss what you need to know about signing the release and getting your money let's suppose you just hang up the phone after agreeing on a settlement amount with the claims adjuster at this point you're only a few steps away from wrapping up your claim and receiving compensation but you're not out of the woods yet let's take a look at those final steps to make sure you don't miss anything step one is the confirmation letter within 24 hours after coming to a verbal agreement with the adjuster you need to send a letter confirming the amount you agreed upon make several copies of the confirmation letter send one to the adjuster by certified mail return receipt requested ar-ar-ar and keep a copy for your records you need to send the letter certified rrr so you have proof the letter was mailed and proof of the date the adjuster received it at about the same time you should receive a similar confirmation of settlement letter from the insurance company we've included a sample confirmation of settlement letter below step two is the release form and settlement check you should receive a release form from the insurance company within a few weeks some insurance companies send the release cheque along with the release form and state you must sign and return the form before you cash your check however most companies won't send your check until you sign and return the release either way read the release form very carefully although the insurance company probably won't make any mistakes it's always important to know what you're signing make copies of the signed release and the check and keep them in your personal file here's a quick note on property damage claims if you've also filed a property damage claim and it hasn't been settled by the time you receive your personal injury settlement carefully check the release form for any language stating the settlement check includes your property damage payment do not sign the release until you're absolutely sure your property damage amount will be paid separately or you verify it's included as part of the settlement check you just received usually property damage claims are settled quicker than personal injury claims but not always so you must review the release form carefully and it's important that you understand the release for insurance companies along with varying states provinces and other legislative bodies may require unique language in their releases the exact wording may differ but they all contain the same basic information the language can take up a full page or more but generally covers four important items you should understand one by signing the release you fully and completely release and indemnify the at-fault party and the insurance company from having to pay you any additional money this means that even if you later discover you have additional injuries related to the same accident you will not receive any further compensation to the insurance company is settling your claim but does not publicly acknowledge or admit the company nor the insured had any fault for the accident or your resulting injuries now don't be overly concerned with this language the insurance company's refusal to officially admit fault has more to do with our statistics and public relations than anything else the language has no bearing whatsoever on your settlement amount 3 you acknowledge that this is the only legitimate claim you have against the at-fault party and the insurance company this means you waive all rights to file another legal claim against the at-fault party or the insurance company based on this injury accident you agree that the money you receive satisfies this claim and any other claims you might want to bring at a later time unless your claim is complicated involving different layers of fault or additional liability issues such as in a medical malpractice or defective product case you don't need to worry about this language if your claim is this complicated you'll need an attorney to sort through the details for the settlement terms in the release include all the agreements promises and representations made to you both written and oral from the at-fault party the insurance adjuster and the insurance company this statement usually comes at the end it means that by signing the release you confirm you've made no other side agreements with the at-fault party the claims adjuster or anyone else from the insurance company they include this language so you can't later say you were promised additional money for future expenses related to this claim make sure you understand everything if you don't ask questions before signing if you have any question about the language containing the release or about the settlement amount you just received do not endorse and cash the check get answers before moving forward although you may need the money to pay your bills once you've signed the release and deposited the check you won't be able to reopen the claim there are no second chances after signing a release contact the adjuster if you have any questions read the release thoroughly and write down anything that's unclear the adjusters job is to settle claims and answering your questions before you send the release is part of the process if you're not satisfied with the adjusters answers ask to speak with a supervisor remember you are responsible for making sure everything is correct once you sign and return the release the insurance company will close your case they legally owe you nothing more not even a return phone call filing a complaint may be necessary things don't proceed as expected you should receive your release and settlement check within 30 days after you've reached an agreement with the adjuster if it's been more than a month and you've contacted the insurance company several times to follow up on your settlement check you can file a complaint with your state insurance board every state has an insurance regulatory body they have the power to intervene when the relationship between a claimant and insurance company breaks down before contacting the State Board have all documentation related to your claim gathered and in order the board will assign an investigator to your case that investigator may ask to review your documents especially those related to the final settlement agreement after the review the investigator will contact the insurance company to find out why you haven't been paid although these breakdowns don't occur often you can be confident your check will arrive soon after the insurance company hears from the investigator and that wraps up what you need to know about signing the release and getting your money to learn more and get a free case review visit injury claim coach.com thanks very much for watching and best of luck with your case