The number of personal injury settlement depends on many factors, and there is no fixed value for any payment package. The number settled on depends on factors like age of the claimant, severity of injury, net financial loss, medical expenses incurred, medical prognosis, extent of liability, etc.
There is no minimum or maximum payment number limit set by law, since amounts vary greatly from case to case. The following examples give you an idea of the payment due in cases of personal injury.
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A building company, for example, paid a payment of ,000,000, when held liable for the death of a young man caused by unsafe construction. A sell store paid out ,000,000, when a claimant suffered serious neck injuries when a display fell on her. A nursing home paid ,000,000 for medical negligence when an Alzheimer's inpatient was injured due to the absence of a nurse on duty. Injury due to an automobile crisis aggravated a victim's former neck injury, and the he was paid ,000,000 in compensation.
The top payment values are given to those plaintiffs who are young and healthy. This is because the jury takes into observation the financial loss and reasoning anguish caused to those victims who would, in all probability, have been extremely sufficient had they not been injured or handicapped.
Severity of injury is an additional one factor. A first degree burn which heals speedily and leaves no scars is compensated by a minor amount. But a third degree burn, if spread over 50% of the body, for example, can claim up to ,00,000, as in a case where a coal mining company was sued when a minor needed an amputation due to the company's negligence.
Lost wages are also thought about when settling such cases. The court takes into list the work of the claimant, study levels and future prospects when awarding a payment amount.
It is also leading that the plaintiff come across as someone sincere who verily needs help, and not an opportunist just waiting to sue due to financial motives. The personal injury settlement amounts are meant to help those in distress get on with life, and not naturally a financial "dole".
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