Mesothelioma Payments

What Can I Expect From A Mesothelioma Claim?


Everyone that is involved in a mesothelioma claim often wonders if they can get an estimate on how much money they will receive from a settlement before it is rewarded. There are ways to come up with estimates to determine a number of what you may receive. However, these numbers are never fully accurate.

There are many factors that will determine how much all parties will receive in a mesothelioma claim. Loss of wages, pain and suffering, and what company is held responsible can all affect the amount of your claim. Since money is stored away for mesothelioma victims, those who win their case receive money from this account. But since new mesothelioma claims draw out of this account year after year, that amount grows smaller and smaller. In time, this account will be drained. However, it will be many years down the road.

With that being said, how much money can you expect to get for your mesothelioma claim? In order to give you an estimate, we will look at amounts that have been won recently. Since no names will be mentioned, you will only get the amount totals. One case that was settled earlier this year was rewarded $7,546,000. Another case settled in November of last year received $11 million dollars. Some cases have won nearly $50 million while others much closer to $1 million.

Without knowing your current situation, it is very hard to determine what you will receive from your mesothelioma claim. Most lawyers that I have spoken too tell me that a good estimate is between $1 million and $2 million dollars. Each lawyer stresses that each case is different though and mesothelioma awards can be more or smaller then that range.

Most mesothelioma lawsuits are settled out of court and never reach a judge. I must advise you to be careful when an offer is given to you. It is very easy to say yes, especially if your in need for the money. Medical expenses and eventually funeral cost can add up quickly. If your desperate or in financial need, you may feel that you have too take an offer. But if you feel that it is not a fair offer, don't take it. If your lawyer thinks otherwise, it may be necessary to follow their lead.

Some mesothelioma awards depend on how many people in your case will receive  mesothelioma compensation. Since most mesothelioma lawyers charge 40 percent, you will only receive a little more then half of the total claim. If your parent has passed from mesothelioma and there is no spouse, the children will most likely receive the money. If there are three biological children, then the total mesothelioma award will be evenly split between the three. If you have siblings, then you will have to consider equal amounts.

The purpose of this article is to give you an idea of what you may receive. Keep in mind, this is only a general idea and does not reflect on what you will get from your mesothelioma settlement.