HOW DO I ESTIMATE THE VALUE OF MY FUTURE COMPENSATION BENEFITS?

Video Transcription:

In workers' compensation cases, whether it be Florida workers' compensation, long-shore, or defense based act, there's a formula that the insurance companies use to estimate the value of your future compensation benefits. What they do is use something called, present value, and they essentially run the amount of benefits that you're entitled to over the course of your life expectancy and then reduce it to present value.