Can I claim compensation for asbestos exposure?
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Accordingly, can you get compensation for asbestos exposure?
Benefits and compensation for asbestos-related disease. If you are diagnosed with an asbestos-related disease, you may be eligible for compensation or financial assistance. You may wish to pursue a civil claim against previous employers, where exposure to asbestos may have occurred during that employment.
Also Know, how are asbestos cases paid out? Mesothelioma Compensation and Asbestos Trust Funds As of 2014, the US asbestos bankruptcy trusts have paid out roughly $21 billion to date. The amount paid for a single case is based on the number of present cases, how many cases are expected in the future, divided into the amount of money or assets of each trust.
Secondly, how much compensation do you get for asbestos cancer?
Mesothelioma Compensation. Mesothelioma compensation from legal claims may come from asbestos trust funds, settlements and jury verdicts. Compensation averages from $1 million to $2.4 million for lawsuits, while trust funds routinely pay in six figures.
Who pays asbestos compensation?
There are approximately 60 active asbestos trust funds with an estimated $30 billion available for claimants. These trusts have paid claimants about $20 billion since the late 1980s.
How Much Money Is Left in Asbestos Trusts?
|Company||Estimate of Initial Assets||Year Established|
|Owens Corning Corporation||$3.4 billion||2006|