Month: May 2017

May 12, 2017 0

Commonly Asked Questions About Compensations Claims

By Edward Moander

If you have ever been in an accident or if you have been injured while at work due to utter negligence, you have probably heard about compensation claims. Compensation claims come in many types – road accident claims, work accident claims, asbestos claims, medical negligence claims, slipping accident claims and many more. If you will be filing for a compensation claim for the first time, here are the answers to the most commonly asked questions about compensation claims, which will help you better understand the process.

Question#1: Is it necessary to get legal assistance when making a claim?

While not all compensation claim settlements go to trial, it would still be to your best interest to get legal assistance. Many people who file for compensation claims fail to get the amount they deserve simply because they are not fully aware of their own rights. Knowing this, hiring a lawyer will ensure that your right will be protected and that you will get a fair claim settlement. Also, having a lawyer will also help speed up the process of filing the claim.

Question#2: How long before I am awarded the compensation?

This is a common question asked by people who file for compensation claim. The truth is, how long the claim will take is not definitive. If it is just a minor claim settlement, the insurance company will normally award the compensation as early as possible. However, in the case of complex claims, it can take you months or even years to get the money.

Question#3: How much money would it cost me to hire a lawyer?

Legal fees vary from firm to firm. However, most lawyers handling compensation cases would agree to a no win no fee conditional agreement. Hiring no win no fee solicitors or lawyers would mean that you won’t be paying anything if you lose the case. Payment will only be charged if the case is won. Normally, lawyers handling compensation claim cases will get a share from the settlement money awarded to you. The percentage that will be charge by the lawyer, in case you win the case, will depend on how complex the case is. If you have a complicated claim case, then expect to pay a higher percentage.