Lump SUM PAYMENT 2
Lump SUM PAYMENT 2 : Natural Disaster. Payment of the Permanent Partial Disability (PPD) award in one installment. Awards less than $6,000.00 are paid to injured workers in one installment. Larger awards are paid to injured workers in monthly installments; however, the worker can petition the insurer to pay the entire award in one payment. To make a lump sum payment on amounts exceeding $6,000.00, approval is required from the insurer