A settlement is an agreement between the employer, the injured worker and BWC for a specific amount to settle one or more claims. When you settle your claim completely, you'll receive a lump sum payment. You will receive no additional compensation and/or benefits for your settlement claim.

Settlements can benefit everyone. Settlements can help employers reduce claim costs, which impact premium rates. And settlements can bring closure for the injured worker. Settlements also reduce the number of claims BWC has to manage, thus reducing the overall administrative costs.