Compromise And Release {DWC-CA 10214(c)}

DWC-CA form 10214 (c), COMPROMISE AND RELEASE. This form is used in the state of California in the workers' compensation system. Specifically, it is a form used for a compromise and release of a workers' compensation claim. A compromise and release is an agreement between the parties to settle a workers' compensation claim for a lump sum payment rather than ongoing benefits. This lump sum payment represents a compromise between the employer or their insurance company and the injured worker. The injured worker agrees to accept the lump sum payment in exchange for releasing the employer or their insurance company from any future liability related to the workers' compensation claim. The DWC-CA form 10214 (c) is used when the parties have agreed to settle the workers' compensation claim through a compromise and release. It is signed by both the injured worker and the employer or their insurance company, and once approved by a workers' compensation judge, it becomes a final and binding agreement. It is important to note that the decision to settle a workers' compensation claim through a compromise and release should be made carefully, as it may affect the injured worker's right to future benefits. It is recommended that the injured worker seek legal advice before signing a compromise and release agreement. (Rev. 5/2020). www.FormsWorkflow.com