Mesothelioma money. Mesothelioma is caused by asbestos exposure. A mesothelioma settlement is a monetary amount agreed upon by all parties offered in settlement of a claim in lieu of trial. Mesothelioma compensation and asbestos trust funds as of 2014 the us asbestos bankruptcy trusts have paid out roughly 21 billion to date.
Call 1 800 796 2341 or complete this short form to find out how. A wrongful death claim is used when someone passes away and his or her loved ones believe the death is the fault of another person or entity. Litigation can be expensive and time consuming in cases where an adverse liability determination seems likely a defendant may make a financial offer to the plaintiff in exchange for dismissal of the case.
It typically takes less than one year to receive mesothelioma compensation from trust funds and settlements. To ensure that there is enough compensation available for future claimants trusts discount awards by a rate known as the payment percentage. The amounts paid for the average mesothelioma settlement vary from 1 4 14 million.
We understand that mesothelioma is a very aggressive disease and you need money now not later. This compensation helps people with mesothelioma cover the costs related to their disease including loss of income medical treatment hospital stay expenses pain and suffering and their end of life and funeral care costs. The average mesothelioma case is about 24 million.
Mesothelioma trust funds provide compensation for asbestos victims and their families. Average mesothelioma payouts vary depending on the type of compensation pursued and several other factors. The amount of money given to the trust fund is much higher.
Certain companies that produced or sold asbestos products or equipment requiring the use of asbestos are at fault for mesothelioma deaths. According to research by the rand institute for civil justice the average value of a mesothelioma claim is 180000. They created asbestos trusts to pay out current and future claims.
Mesothelioma compensation averages from 1 million to 24 million. People diagnosed with mesothelioma because of their asbestos exposure may be entitled to significant legal compensation. Many negligent asbestos companies established trust funds after going bankrupt.
Average mesothelioma lawsuit verdicts are about 24 million. The asbestos bankruptcy industry as we call it is a way for companies to stay financially protected from victims who may be seeking mesothelioma compensation. Annual reports by mealeys asbestos litigation state average mesothelioma compensation amounts including.
More than 30 billion is set aside across more than 65 trust funds.