What Is Compensation? UK Solicitor sets out what compensation is intended for following an accident with examples of how much money you can claim
What is compensation: find out how monetary compensation can attempt put you in the position prior to your accident occurring; how the amount of compensation for physical and emotional pain is calculated by your solicitor; why the amount of financial loss compensation depends on your individual circumstances with access to free online legal help to answer your questions direct as to what is compensation for your individual accident claim.
What is compensation for personal injury following an accident?
What is compensation you can receive following an accident – compensation is the name given to a money payment made to attempt to put you back into the position before you had your accident and suffered injury. As you cannot take away an injury once it is happened – money is used to attempt to balance the pain for your suffering and repay financial loss suffered as a result of personal injury in an accident (such as a car accidents or work accident), industrial injury (exposure from hazardous work conditions over an extended period of time – such as excessive loud noise causing noise induced hearing loss or exposure to coal dust causing coal miners’ pneumoconiosis).
When you have an accident and suffer injury – you can never truly be put back into the position you were prior to the accident, so the law decides on sums of money, which will compensate you for the fact that you have suffered.
To see the page I have written setting out different injuries and the amount of compensation you can expect to claim for the pain for each click compensation amounts.
What is compensation for pain and suffering?
If you have suffered physical injury (such as whiplash in a car accident or a broken arm in a manual lifting injury at work) or psychological injury (such as post traumatic stress disorder following a serious motorcycle accident) you experience pain from the injury and suffer as a result in your ability to live your life.
You are therefore entitled to an amount of money, known as damages or compensation, which the courts have decided in past cases is a suitable amount to make amends for the pain you have suffered.
Every year there are thousands of accident claims, with victims who have suffered different types of injury, are listened to by judges at court who decide how much money the law permits each victim to receive in compensation for each injury type. Your solicitor can look at these court decisions (known as case law) and refer to them when negotiating a settlement of your claim and in so doing ensure you receive the correct amount for your injuries.
The compensation calculator for pain and suffering for injuries is the same no matter who you are – whether you are royalty, a premiership footballer, a secretary or labourer.
Sometimes slight distinctions can be drawn between compensation amounts between male and females. For example – scarring of the face of a female attracts more money than that for a man as it is considered this will emotionally affect a woman more than a man.
To see examples of average compensation settlements for different types of injury click amounts of compensation.
What is compensation for financial loss and expenses?
Compensation for financial loss and expenses is determined very differently than that for pain and suffering.
There is no fixed amount for financial loss and expenses as it depends totally on your individual circumstances. If you were a footballer you might lose £100 000 a week in lost income, whereas a secretary may lose less than a £600 a week.
To see the page I have written explaining how to calculate lost pay click salary compensation.
In answer to the question – what is compensation for financial loss? It is a variable amount to compensate you for money you would have earned or expenses you have to pay as a result of your accident.
What is compensation you are entitled to – answered online free of charge by specialist solicitor
Every accident is different as is every claim. If you have been injured in an accident and simply wish to know what is compensation you are entitled to – both the types and amounts – I recommend you click.:
What is compensation – you can ask me an online question or arrange for me to call you back in person to discuss what is compensation you can expect in your claim.