What types of settlements are available in asbestos-related lawsuits?

In California, settlements can vary in asbestos-related lawsuits, depending on the situation. Generally speaking, most settlements will result in monetary compensation for the plaintiff. In some cases, this may include reimbursement of medical expenses and lost wages, while also accounting for pain and suffering. In other cases, settlements may also include punitive damages which are intended to punish companies that have caused significant harm through their negligence. Another potential settlement is known as a “structured settlement”, where the claimant receives periodic payments over a set period of time, rather than a lump sum. This type of settlement can be advantageous for those who are unable to work due to debilitating health complications related to asbestos exposure. Lastly, settlements may also include coverage for future medical care, funeral costs, or other expenses. Overall, settlements in asbestos-related lawsuits should be tailored to the individual circumstances of the plaintiff. In order to maximize the compensation that one can receive, it is important to work with an experienced and knowledgeable asbestos lawyer who can help ensure that a fair settlement is achieved.

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What types of settlements are available in asbestos-related lawsuits?

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