Connect with us

World

What Happens in Your Personal Injury Claim After a Compensation Settlement?

mm

Published

on

Filing a personal injury claim with a trusted attorney is the first step to receiving compensation after an accident. As the legal case is being pursued, moving forward from there can be confusing if you don’t know what to do. Having a legal professional by your side will also increase your chances of winning the case. Read on to understand the process of a personal injury claim and what to expect after the settlement.

What Is a Personal Injury Claim?

A personal injury claim is a legal case filed by an individual, known as the plaintiff, who’s been injured as the result of someone else’s negligence, known as the defendant. This type of lawsuit is frequently filed by car accident victims when the accident has left them with injuries that negatively affect their quality of life physically and financially.

If this is your situation, then it’s advised that you contact an attorney to file your personal injury claim to seek compensation from the at-fault party. They’ll guide you on the entire legal procedure and how to get started on your case. Once your claim has been filed and your lawyer has met with the defendant, both parties can agree on the next steps.

Role of Insurers in a Settlement

How you were injured and whose fault it is plays a major role in what your settlement will be. Most often, the defendant is likely to be covered by an insurance policy. This coverage is most often used for injuries sustained by medical negligence or a workplace known as an occupational injury. For this reason, the personal injury reimbursement will be paid for by the defendant or the companies’ insurance provider.

Insurers of the person who injured you will also determine the compensation amount. They usually do this by adding up the cost of damages and multiplying it between one and five times the amount. The payout amount is then offered to you and your attorney to accept or negotiate. This is the crucial stage for insurance providers because they’re more willing to provide compensation and settle before the case can be taken to court.

Post-Settlement

What happens after depends on where in the legal process the claim ends. If the claim has been settled, then you’ll be asked to sign a few official documents that mark the end of the claim’s proceedings.

The documents needed to sign are frequently a settlement agreement. This is a type of contract that states the amount of money paid to you and the payment plan of the agreement. It also acknowledges that you accept the terms of your settlement and that the legal proceedings are over.

Take note that once you’ve signed this contract, it means everything is finalized and your claim is dismissed. After this, no more changes can be made, not even by your lawyer, so be sure to read through carefully and make sure all the information is correct.

The other type of document that could be presented to you is a liability waiver or liability release form. This is used especially by businesses after the payout of an occupational injury.

The liability waiver is essentially an acknowledgment releasing the defendant from the claims that you had brought against them. This is to ensure they can’t get sued for the same injury or for any future injuries that could happen by their fault. Signing this form is optional on your part and should only be signed after consulting your lawyer for advice. Your lawyer will then give all the relevant parties a copy of the contracts.

Endnote

What happens after your personal injury claim once you’ve been compensated is a matter of ending the legal process with official documents. These documents act as proof that the claim has been settled and that all parties agree to the terms of the contract.

On some occasions, particularly within a workplace injury claim, you may be approached to sign a waiver recognizing that you’re freeing the company from your claims and therefore can’t bring the same claims to them in the future. This type of contract is still fully your choice to sign or reject.

Throughout each step of the claim, it’s a wise decision to keep consulting your lawyer for advice on what to do, including after the settlement, to confirm and understand that the agreements are fair and work in your favor. If you’re not sure of anything, always seek an expert opinion. Consider the ideas mentioned here as you plan and prepare for your claim.

Jenny is one of the oldest contributors of Bigtime Daily with a unique perspective of the world events. She aims to empower the readers with delivery of apt factual analysis of various news pieces from around the World.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

World

Bringing clean water – Christopher Kenny’s Preservation Earth Project

mm

Published

on

Science plainly shows that a human can survive three weeks without food, yet most individuals cannot survive three to four days without water! Dehydration sets in, and the person will go into shock and become vegetative even if they continue to breathe. In other words, water is an essential requirement. A living thing cannot thrive without it. Nonetheless, it is a horrifying truth that billions of people worldwide lack access to safe drinking water. 

In developed countries, when everything from technology to luxury is available, receiving clean water at home is as ‘natural’ as breathing fresh air. Most individuals in advanced nations may not pay much attention to it, but this is not the case for the rest of the globe. Many countries continue to lack access to clean water sources or water appropriate for human use. Safe drinking water, sanitation, and hygiene at home should not be limited to the wealthy or those who live in cities. These are some of the most fundamental human health requirements, and all countries must ensure everyone has access to them.

The Preservation Earth Project (PEP) made its way to Tsaile, New Mexico. Over time, uranium mining, fracking, and pesticide abuse damaged the water supply, resulting in a high occurrence of numerous illnesses. Approximately 35% of the Navajo people do not have access to flowing water, and some must go to a remote location to fill barrels with water from a polluted local spring. 

There is no doubt that climate change is boosting storm strength. Recent natural catastrophes have heightened the need for groups to step up and give support, answers, and relief to individuals affected by such natural disasters. The Preservation Earth Project is a non-profit organization that provides support, education, and solutions to help society transition from fossil fuels to renewable energy.

A look back at Christoper Kenny’s life

Chris Kenny was born in Summit, New Jersey, on May 4, 1961. He was one of twelve children. In 1980, he received a B.A. in economics and finance from Warren Wilson College in Swannanoa, North Carolina. He also attended New York University, earning a commercial real estate management degree from the Schack Institute. Since 2018, he has served as the head of Strategy and E-trading at Hartfield, Titus, and Donnelly. Kenny started his career in the U.S. In 1985. He worked as a Treasury Bond Broker. He formerly worked at Bonds.com as the director of fixed income sales and technological development. His academic background is in business and finance. Chris is passionate about developing and promoting renewable energy, mainly when it is used to assist people in need. The potential to aid those in urgent demand as a result of a human-caused environmental or natural disaster is not just a philanthropic act but also a once-in-a-lifetime educational opportunity.

He used solar power on mobile platforms as a backup power source for emergencies, water purification, and water pumping.

His academic credentials are in business and finance. Chris is passionate about developing and promoting renewable energy, mainly when it is used to assist people in need. The potential to aid those in urgent need as a result of a human-caused environmental or natural disaster is not just a philanthropic act but also a once-in-a-lifetime educational opportunity. He has over 38 years of experience in finance as a salesperson, broker, trader, and investor.

Making clean water available to everyone

In 2012, Kenny founded The Preservation Earth Project, a 501(c)(3) non-profit organization. It provides assistance, education, and alternative energy solutions to help society shift to renewable energy. It was involved and aided Haiti several times after the 2010 earthquake, providing portable solar electricity for water purification and medical facilities. In 2020, the business devised a solution for the Navajos’ contaminated water source. They collaborated with engineers and local officials to build, produce, and install a solar-powered water filtration system for the Navajo people of Tsaile, New Mexico. Other activities have included providing portable solar power to the “Cajun Navy” for rescue and clean-up in areas devastated by the 2015-2021 hurricane season in Louisiana. 

The project designed, delivered, and installed a solar-powered filtration system that will provide clean drinking water to the local Navajo community 365 days a year for many years to come. Several more initiatives are in the works to provide safe drinking water to Native American communities on the Navajo Reservation.

President’s letters of gratitude

President Jimmy Carter sent Chris two heartfelt letters encouraging him to continue his charitable work. He suggested calling Habitat for Humanity and asking if they were interested in collaborating on a few projects. He and Kenny both helped out at the charity. 

Continue Reading

Trending