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If the insurer disagrees with the Notice of Computation (NOC), can the insurer object to their own NOC?

Yes, the insurer has the right to object to the Notice of Computation (NOC) that they issued.

The insurer determines the lump-sum compensation amount based on the permanent incapacity assessment.

The insurer can issue the NOC but disagree with the permanent incapacity assessment that the compensation amount was based on, and thus object to their own NOC.