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Types of Personal Injury Compensation
If you've suffered an injury as a result of another party's negligence or wrongdoing, you may be entitled to compensation. Find out about the kinds of damages you can be awarded by speaking to a Personal Injury attorney (fpcom.Co.kr) near you.
In personal injuries, there are two types of damages that may occur that are non-economic and economic. This article will look at these categories and explain how they could impact the amount of compensation you're entitled to.
Economic Damages
If a person is injured in an accident, they may be entitled to compensation for their losses. These damages can include medical expenses, lost earnings, and property damage.
These types of damages can often be very costly, especially if there are serious injuries. Because they require intensive medical treatment. After recovering, patients may need to pay for mobility equipment or prescription medications.
These expenses can mount up quickly, so it is important to keep receipts of them. Receipts from these expenses will help you determine the true amount of your losses as well as increase the value of your compensation.
Other forms of economic damages in personal injury cases comprise loss of earnings and future income. The reason for this is that victims can be out of work for a number of months, weeks or even for years following an accident. In these situations the victim should be compensated the amount they would have earned if had been able to work.
A person who is disabled or has lost loved ones due to an accident may be entitled to compensation for life-care services. These can include nursing home care, home health care and physical therapy and many more.
Many people require help with the same duties they did before their accident. This includes house chores, driving a car, caring for the outdoors as well as taking care of family members who are dependent.
In these cases, an attorney may be capable of providing receipts, bills and other evidence of the cost of these items. They can also engage experts to testify about the value of these damages.
The amount of damages awarded can be determined differently based upon the specific requirements of the victim as well as the circumstances that led to the incident. A jury is typically considering many factors when awarding economic damages.
Examples of these damages could be:
The two most painful things in this world are suffering and pain
This is typically given to those who have suffered from severe accidents who have suffered physical or emotional injuries due to the accident. These awards can be very small (a few dollars for suffering) or large (millions in the event of wrongful death).
Emotional distress
This type of damages is targeted at redressing the emotional stress that an accident causes to the victim. This includes anxiety, depression, and loss in enjoyment.
Disfigurement
This could be given to someone who is injured and has been permanently disfigured because of the accident. It is a costly procedure, as many people need surgeries and other treatments to fix or remove disfigurements.
Loss of companionship or consortium
The damages award is intended to cover the loss of loved ones due to the accident. This is particularly important for victims who have dependents or children.
The awarding of non-economic damages are a distinct part of the legal system from economic damages, and is more difficult to obtain. Non-economic damages may be subject to a greater burden of proof, but they are often more difficult to value than economic damages, and they are not restricted by the same rules.
If you've suffered an injury as a result of another party's negligence or wrongdoing, you may be entitled to compensation. Find out about the kinds of damages you can be awarded by speaking to a Personal Injury attorney (fpcom.Co.kr) near you.
In personal injuries, there are two types of damages that may occur that are non-economic and economic. This article will look at these categories and explain how they could impact the amount of compensation you're entitled to.
Economic Damages
If a person is injured in an accident, they may be entitled to compensation for their losses. These damages can include medical expenses, lost earnings, and property damage.
These types of damages can often be very costly, especially if there are serious injuries. Because they require intensive medical treatment. After recovering, patients may need to pay for mobility equipment or prescription medications.
These expenses can mount up quickly, so it is important to keep receipts of them. Receipts from these expenses will help you determine the true amount of your losses as well as increase the value of your compensation.
Other forms of economic damages in personal injury cases comprise loss of earnings and future income. The reason for this is that victims can be out of work for a number of months, weeks or even for years following an accident. In these situations the victim should be compensated the amount they would have earned if had been able to work.
A person who is disabled or has lost loved ones due to an accident may be entitled to compensation for life-care services. These can include nursing home care, home health care and physical therapy and many more.
Many people require help with the same duties they did before their accident. This includes house chores, driving a car, caring for the outdoors as well as taking care of family members who are dependent.
In these cases, an attorney may be capable of providing receipts, bills and other evidence of the cost of these items. They can also engage experts to testify about the value of these damages.
The amount of damages awarded can be determined differently based upon the specific requirements of the victim as well as the circumstances that led to the incident. A jury is typically considering many factors when awarding economic damages.
Examples of these damages could be:
The two most painful things in this world are suffering and pain
This is typically given to those who have suffered from severe accidents who have suffered physical or emotional injuries due to the accident. These awards can be very small (a few dollars for suffering) or large (millions in the event of wrongful death).
Emotional distress
This type of damages is targeted at redressing the emotional stress that an accident causes to the victim. This includes anxiety, depression, and loss in enjoyment.
Disfigurement
This could be given to someone who is injured and has been permanently disfigured because of the accident. It is a costly procedure, as many people need surgeries and other treatments to fix or remove disfigurements.
Loss of companionship or consortium
The damages award is intended to cover the loss of loved ones due to the accident. This is particularly important for victims who have dependents or children.
The awarding of non-economic damages are a distinct part of the legal system from economic damages, and is more difficult to obtain. Non-economic damages may be subject to a greater burden of proof, but they are often more difficult to value than economic damages, and they are not restricted by the same rules.
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