Diagnosed mesothelioma victims and others who are facing an asbestos-related disease have legal options to pursue compensation for their wrongful exposure to asbestos. There is over $30 billion available for victims and loved ones. This compensation can be used for medical treatments, lost wages and other expenses. Compensation for mesothelioma is accessed through a mesothelioma lawsuit, asbestos trust fund claim, VA benefits or more.
As a victim of asbestos exposure you have rights. For years, asbestos companies knowingly allowed their employees to be wrongfully exposed to asbestos while working with their products or on a jobsite. Thousands of people are diagnosed with mesothelioma every year. If you were diagnosed with mesothelioma you may be entitled to compensation. An experienced mesothelioma lawyer or law firm can provide exceptional help with deciding on what legal options you want to take with your mesothelioma diagnosis.
The statute of limitations on mesothelioma claims begins after diagnosis for a personal injury lawsuit or at the time of death for a wrongful death lawsuit. Most statutes of limitations for mesothelioma claims fall within 1 to 2 years, but some can reach up to 6 years.Learn More About Mesothelioma Statute of Limitations
The average statute is around 2 years but most states range from 1 to 4 years to file.
The state you lived in, state where you worked or were exposed to asbestos or the state where the responsible company is located.
Compensation for mesothelioma averages from $1 million to $2.4 million. Your compensation may come from an asbestos trust fund, settlement or jury verdict when you file a mesothelioma lawsuit. There is no exact timing for when you get compensated with a successful lawsuit or trust fund claim but most are usually paid within 1 – 2 years with most getting paid in only a few months if you file a claim against a trust fund.
A settlement or verdict happens when a defendant offers to pay compensation to a mesothelioma plaintiff. The average payout for a settlement or verdict ranges between $1 million and $2.4 million.
Asbestos trust funds were created in the bankruptcy proceedings of some asbestos companies to ensure victims could still receive compensation. These types of claims have an established process to determine eligibility and disperse funds based on a set payment percentage.
Mesothelioma is recognized as a covered disease by the Department of Veterans Affairs, so veterans may be eligible to file a benefits claim. This type of compensation is usually paid in a set monthly amount depending on the individual claim.
Workers exposed on the job who later develop mesothelioma or another asbestos-related disease may be eligible for this type of benefit. Compensation amounts will vary based on each state’s maximum award limits.
To help ensure your mesothelioma claim is successful, it’s important to take the time to find an experienced mesothelioma law firm that has the knowledge, resources and proven results to handle your claim through the entire process.