Parties
Clear identification of claimant, employer, insurer, and representatives, with contact details and claim number.
An approved agreement creates certainty: it defines the settlement terms, allocates future responsibility, and, when accepted by the agency or judge, closes the listed claim while preserving clear documentation for payroll, insurance, and tax purposes.
This agreement is used by employers, carriers, injured workers, and their counsel or representatives when negotiating a final settlement.
| Field | Configuration |
|---|---|
| Claim Details | Required; read-only after upload |
| Signature Order | Sequential or parallel as negotiated |
| Authenticator | Email + SMS code or stronger |
| Attachments | Medical reports, authorization letters |
Use a platform that supports secure eSigning, audit trails, and attachments so the agreement is auditable for agency review.
Clear identification of claimant, employer, insurer, and representatives, with contact details and claim number.
Brief factual background summarizing the injury, dates, and scope of the claim being resolved.
Precise payment amounts, schedules, lump sum or weekly structure, and handling of medical expense obligations.
Explicit release language describing which claims are barred and any limited exceptions retained by claimant.
Breakout for attorney fees, liens, medical costs, and net payable amounts to claimant.
Signed and dated signature blocks for parties, representatives, and any witness or notary information required.
The claimant must sign to accept the settlement and release. If represented, the claimant's attorney may sign with evidence of client authorization and a retainer or fee agreement attached.
An authorized insurer adjuster or employer representative signs to bind the payer. Include printed name, title, and a statement of authority or company signature block.
Martin Properties used a standardized settlement template to reduce back-and-forth with counsel and speed approvals.
BIS integrated eSigning into claims workflows to capture signatures remotely and attach medical exhibits online.
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | Yes, 7-day free trial | Varies | Varies | Varies | Varies |
| Bulk Send | Yes | Yes | Yes | Yes | Varies |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
Execute promptly when terms are agreed to avoid changed circumstances.
File with the agency per its submission rules without undue delay.
State the initial payment date in the agreement.
Retention begins on effective date of the agreement.
Report as required in the tax year the payment is made.