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How to Ensure your Financial Security after a Workplace Accident

If you’ve suffered a workplace accident, you’ll be worried about two things. The first is your immediate health and how you recover if there’s a significant injury. The second is your financial security and how you are going to cope if you are unable to work or continue with the same employment.

Personal Injury Solicitors

If you have been injured at work, then it’s important to reach out for professional advice about what your next step should be. You may only be off work for a week or two but if you don’t earn any money during that time, it can have dire financial consequences, especially during the current situation when we’re in a cost-of-living crisis.

A serious injury may mean that you are likely to be off work for some time or that you will have to live with a disability that could reduce your earning power in future.

Why Contact a Personal Injury Solicitor

Financial worries can be immediate so it’s important to reach out to a qualified personal injury solicitor if you think you might be eligible for compensation. They can get the ball rolling if there is a case and even arrange an interim payment to help with your financial situation.

There are usually two types of an award when it comes to personal injury compensation. The first is special damages which relate to any financial losses such as having to adapt your home to cope with a disability or costs incurred by family members while visiting you in the hospital.

The second type of award is called general damages, and this is to cover the pain and suffering that may have been caused to you as an individual.

What is PSAL?

Pain, suffering and loss of amenity (PSAL) cover the psychological and physical impact of the injury on your life. For example, it deals with the level or extent of the injury and the parts of the body you have been injured, how long the symptoms lasted and the mental impact of all this.

The injury you have suffered may stop you from being employed in your regular job and enjoying the salary that you used to get. There may even have been damage to your relationship, perhaps the breakdown of a marriage, because of the accident.

Loss of Earnings

It’s not just the immediate loss of earnings that you may be worried about after an accident at work but the loss of potential future remuneration. You may not be able to work again after the injury. That could mean you’re left on disability benefits and a very low income. You might not be able to pursue the career path you were on because of some aspect of your injury.

These issues can be taken into account with any personal injury claim. If your employer is liable for the injury because of their negligence, then you have a right to seek compensation.

What can be claimed will depend on the type of accident and the extent of the injury and that’s why it’s so important to work with an experienced solicitor.

By: Accinet
Title: How to Ensure your Financial Security after a Workplace Accident
Sourced From: www.accinet.co.uk/how-to-ensure-your-financial-security-after-a-workplace-accident/
Published Date: Tue, 08 Nov 2022 10:49:10 +0000