Sentences with phrase «future financial losses»

These damages can be used to help pay for funeral expenses, medical expenses, emotional pain and suffering, and even future financial losses.

Under the Damages Act 1996, I, as Lord Chancellor, have the power to set a discount rate which courts must consider when awarding compensation for future financial losses in the form of a lump sum in personal injury cases.

All of this is an effort to protect the FHA against future financial losses, while restoring its capital reserves to acceptable levels.

The defense counsel on the other hand will look to highlight any residual functional capacities and employment / retraining opportunities to mitigate their exposure to the plaintiffs future financial losses.

If past earnings were positive; use a projection model to demonstrate future financial loss

Maya uses her experience and expertise to ensure any compensation obtained on her client's behalf accounts for any past or future financial losses resulting from their injury.

Our work has resulted in the creation of new laws aimed at reducing future financial losses for payers and the establishment of new guidelines for courts nationwide.

Lump sum awards for future financial loss, medical expenses and costs of care have to be adjusted to take account of the income they might produce before they are spent.

Unfortunately many filers aren't aware of the future financial losses they may incur.

As the claim for compensation or lawsuit filed will reflect the full spectrum of the damages suffered and will be for the purpose of recovering monetary compensation to cover all medical costs, rehabilitation, medical equipment, ongoing surgeries, prosthetics, and the pain and suffering as well as loss of income and future financial losses, having a skilled lawyer to assist you is absolutely crucial.

This can occur in a number of ways; General damages for pain and suffering are lower than public expectations and have not kept pace with inflation; Lump sum compensation for future financial losses is currently calculated using a discount rate which assumes a net real return of 2.5 % per annum.

In an insurance company's eyes, the more of a risk that you pose to them, the higher rates they will charge you in order to insulate themselves against any future financial loss you may cost them.