Time to Settle 7 Different Types of Personal Injury Compensation

Time to Settle 7 Different Types of Personal Injury Compensation

Time to Settle 7 Different Types of Personal Injury Compensation
Time to Settle 7 Different Types of Personal Injury Compensation

What will your next audience be looking for from your speech? Are they expecting to be entertained or informed? If the answer is to be informed, then you have some homework to do. If we want to give high quality speeches, then we have an obligation to take the time to do all of the research that will be required in order to deliver a speech that will contain the information that your audience is looking for. The good news is that this can be done. The bad news is that it can be difficult to do. As an example of the type of research that you need to do, let’s take a look at what kind of research you would have to do in order to give a speech on personal injuries.

Did you get injured in an accident? Was the accident caused by another person’s recklessness or negligence?

Following the accident, you likely needed medical care. Despite the other person’s actions, you were the one who had to foot the bill. Now, you’re facing other financial losses caused by the injury. What should you do?

In this situation, you’re entitled to seek financial relief in civil court.

Keep reading to learn the seven types of personal injury compensation available.

1. Medical Bills

The first type of compensation you’re eligible for is medical bills. Medical expenses are almost always included in a personal injury settlement.

This reimbursement should cover all the medical care you received due to your injury. So keep good records and document every medical-related expense you endure. This may include doctor’s visits, prescription pills, or therapy costs.

2. Lost Income and Lost Future Earnings

Were you unable to work due to your accident and injury? Another type of monetary compensation available is for lost income.

Ask your employer for documentation that proves how much you usually make. They should also include how many days of work you missed.

If your injury is severe, then you may not ever be able to return to your line of work. When that happens, you could be eligible for reimbursement for lost future earnings.

3. Future Medical Needs

What if your injury is so serious that you’ll continue to need long-term care? You can also seek out compensation for future medical needs.

Getting what you deserve, though, is a bit of a challenge. You’ll have to prove the extent of your injury, which often means enlisting the help of a medical expert. Choosing the best attorney is crucial if you’re seeking this type of compensation. 

4. Pain and Suffering

Pain and suffering is by far the most controversial compensation. It’s reimbursement for both the physical and emotional suffering you’ve endured.

It’s hard to value pain and suffering, so hire representation if you’re seeking this route.

5. Loss of Consortium

Loss of consortium means seeking compensation for damaged relationships. Often, injuries cause companions to abandon their loved ones. Other times, injuries prevent parents from upholding their family duties.

6. Wrongful Death Damages

Was someone’s injury fatal in the accident? Here’s what you can recover through wrongful death damages:

  • Funeral expenses
  • Loss of financial contribution
  • Emotional distress
  • Medical care before the passing
  • Loss of companionship
  • Loss of support

These damages are difficult to value, so make sure you speak with an attorney in this situation.

7. Punitive Personal Injury Compensation

Punitive damages get awarded when the plaintiff’s recklessness was extreme. These damages aren’t meant to compensate you.

Instead, they’re meant to punish the responsible party. Courts hope to prevent future negligence through these awards.

Financial Recovery After an Injury

Personal injury compensation should restore all your accident-related losses. If the other person’s actions were extreme, then you may also get punitive damages, too.

Either way, you’re entitled to the money after suffering. Reach out to an attorney if you need help getting started on your claim.

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