If you become injured and are unable to work, the loss of stable income can be a huge source of stress. Filing personal injury claims with insurance companies can be a lengthy, drawn-out process and the longer the process drags on, the longer you are left without an income. Medical bills can begin to pile up on top of your regular expenses. Here are some tips for making the most of this time, as well as ways to expedite the legal process.
1. Find a strong personal injury attorney
When you make a personal injury claim with an insurance company, it’s likely that they will try to put off your case or try to offer you a smaller settlement than you deserve. Serious injuries can result in hospital trips and staggeringly high medical bills, and if you’re unable to work during this time you’ll be relying on this settlement to make ends meet. Seeking the legal help of a personal injury law firm can help ensure that you receive the settlement you’re entitled to in a timely manner.
Miami-based law firm Dante Law has personal injury attorneys with decades of experience in all kinds of negligence, bodily injury, and personal injury compensation cases. The Dante Law Firm offers its legal expertise to accident and injury victims, and they help victims in need stand up to insurance companies. Injury victims can receive a free case evaluation at any time from Dante Law Firm as they are open and available to their clients 24 hours a day, seven days a week. Dante Law Firm’s powerful and experienced personal injury attorneys have won countless cases and millions of dollars for their clients, and they don’t collect any compensation or fees unless they win your case.
2. Make a passive income.
Your bills and financial obligations aren’t put on pause when you’re unable to work due to an injury. Instead of watching your bank account and savings slowly dwindle, you can put your money to work for you. Traditional investing platforms such as the New York Stock Exchange (NYSE) can be highly volatile and risky, especially for people who can’t afford to lose large sums of money. If you’re looking for a different investment opportunity with a low correlation to the stock market and smaller minimum investment amounts, alternative investing might be for you.
Yieldstreet is a platform for alternative investing that works largely with tangible asset classes that have little to no correlation to the stock market and NYSE. As a Yieldstreet investor, you choose the asset classes and type of investments you’d like to make. Yieldstreet will take your investment and use it to diversify your portfolio immediately by allocating it across several classes and industries. This reduces the risk of default in these investment opportunities. Yieldstreet is a highly trusted and regarded platform for active investments. The reviews for Yieldstreet’s platform are overwhelmingly positive, in fact, the very few Yieldstreet complaints that exist on review sites are about minor issues with the mobile app.
Yieldstreet offers investment opportunities in industries such as marine assets and marine finance, commercial finance, litigation finance, commercial loans, fine art and art collections, debt investments, warranties, real estate and real estate investment trusts, and other types of tangible assets with low stock market reliance. It’s a good idea to perform your own due diligence before choosing asset classes and financial institutions, but Yieldstreet makes it easy to quickly reinvest your earned dividends and interest payments in order to accelerate your portfolio.
3. Purchase disability insurance.
Disability insurance is often something we overlook. We never want to believe that we will experience illness, injury, or tragedy and become unable to work. It’s important to look into disability insurance offerings whether it’s through your employer or a private company, even if it’s just for informational purposes. By understanding disability insurance, you can make an informed decision when purchasing a plan and be completely prepared for any unexpected life event that might come your way.
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