Whilst a personal injury claim is being processed, interim payments act as vital lifelines for individuals who have suffered catastrophic injuries. Not only is this a devastating time for the victim but it is also a terrible shock for loved ones, as everyone has to adjust and come to terms with the new situation. Whilst some will try to understand how it must feel, the impact can never be fully experienced unless someone suffers the same injury. As such, it is impossible to comprehend the gravity of such a situation.
Bringing you financial help when you need it
All it takes is one misjudgement, one split second of distraction or one act of plain and simple carelessness for someone to lose their mental or physical ability for the rest of their life.
When injuries require prolonged periods in hospital or a rehabilitation centre, or it cannot be determined if an individual will ever be able to work again, finances will start to dwindle. Earnings will be reduced or even stop completely, but bills will still continue to demand payment. If a vehicle has been damaged it will require money for repairs, dependents will still need to be financially supported, and if private medical treatment is required it will need a large injection of cash, which for many will not be readily available.
When desperate times call for desperate measures
When someone has been involved in a serious accident, it is vital to hire a personal injury claims solicitor in Lochearnhead to act on their behalf. This is someone who has the experience and expertise to work in the interest of their client and obtain the financial amount required to cover immediate needs and long-term financial requirements.
A personal injury claims solicitor in Lochearnhead can request interim payments from the insurers of the third party. This advance or interim payment is a percentage of the compensation the injured party is likely to receive upon settlement. It can be requested when the defendant has admitted to a large majority of the injury or full responsibility.
When a heart is the only broken instrument that works
Just as compensation will vary from person to person, there is no set amount which can be awarded as an interim payment. Figures are set depending upon circumstances and are a part payment of compensation. If you would like to know more about interim payments, Accident Advice Helpline are available 24 hours a day, seven days a week to answer your questions. Calls are free on 0800 689 0500.
Date Published: 4th January 2014
Author: David Brown