01. HOW MUCH COMPENSATION
How Much Compensation Can You Get for Mesothelioma?
Mesothelioma compensation differs for each type of claim. According to a 2016 Mealey’s Litigation Report, the average mesothelioma trial payout is about $2.4 million. The average settlement ranges from $1 million to $1.4 million.
If a mesothelioma claim goes to trial, a settlement could be reached or a jury could determine the amount of compensation, if the defendant is found guilty of the asbestos exposure. Most cases settle before trial.
The average mesothelioma trial, settlements and trust fund payouts. This includes personal injury and wrongful death claims.
If a loved one dies from mesothelioma, compensation may be available to family members, spouses or dependents through a wrongful death lawsuit filed on behalf of the loved one’s estate.
Mesothelioma compensation helps cover medical expenses, lost wages, travel costs and other losses. It also provides financial security for families when a loved one can no longer work.
There may also be other types of financial assistance available. It’s important to weigh all of your available options for compensation to decide what is best for you and your family.
How Long Will It Take to Get Compensation?
Reaching a verdict from a jury trial and then receiving compensation could take years, but defendants may offer to settle quickly, possibly within several months. The amount of time it takes to receive compensation also depends upon the type of claim that you file.
Money from asbestos trusts may be received within a few months.
Deciding whether to file a lawsuit is an important decision in any situation, especially if you are coping with the stress of a terminal illness. A mesothelioma lawyer can provide the most accurate estimate of how long it might take to receive compensation for your unique case.