Many countries have insurance laws, which cover legal costs with regards to compensation claims, but as a concept in England, it does not exist. Insurance is governed by an independent body who regulate the industry with a structured rule system.
Governance of Insurance laws.
Up until April 2013, the insurance industry of England and Wales was regulated by the Financial Services Authority. This has now become two separate regulatory authorities, the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA). They co-exist to ensure that financial institutions act in the manner expected of them.
Up until April 2013, the insurance industry of England and Wales was regulated by the Financial Services Authority. This has now become two separate regulatory authorities, the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA). They co-exist to ensure that financial institutions act in the manner expected of them.
Criteria for claiming compensation.
In many countries, an insurance company would assist you in making injury compensation claims, but as a general rule, in this country (motoring incidents aside) you will need to commence your own action. If you have suffered an injury and it was not your fault, it is highly likely that you will be entitled to seek financial remedy. There are many Solicitors offering their services for such claims, but it is imperative that you thoroughly research as many as possible. In addition to injury, you can also pursue a claim if you have suffered disease or illness that has arisen through the negligence of another party. ‘Personal injury’ is the legal term used to incorporate all types of injuries, from asbestos related illness to suffering a broken bone. Providing that you can prove that whatever injury you have suffered was the fault of a third party, you will be legitimately entitled to make a claim. As every case is different, it is important that you employ an experienced Solicitor to represent you.
In many countries, an insurance company would assist you in making injury compensation claims, but as a general rule, in this country (motoring incidents aside) you will need to commence your own action. If you have suffered an injury and it was not your fault, it is highly likely that you will be entitled to seek financial remedy. There are many Solicitors offering their services for such claims, but it is imperative that you thoroughly research as many as possible. In addition to injury, you can also pursue a claim if you have suffered disease or illness that has arisen through the negligence of another party. ‘Personal injury’ is the legal term used to incorporate all types of injuries, from asbestos related illness to suffering a broken bone. Providing that you can prove that whatever injury you have suffered was the fault of a third party, you will be legitimately entitled to make a claim. As every case is different, it is important that you employ an experienced Solicitor to represent you.
Types of claims.
Solicitors are experienced with dealing with all different types of compensation claims. Regardless of how unique an individual case may appear, the procedure for all claims is the same and your solicitor will explain each step to you. The most common incidents regularly dealt with are road traffic accidents, which includes whiplash and fatalities. There are many firms of solicitors who specialise in one area only and this would be an example of that. There are also those who specialise purely in asbestos related claims, so there are plenty of opportunities to research companies and make the correct choice.
Solicitors are experienced with dealing with all different types of compensation claims. Regardless of how unique an individual case may appear, the procedure for all claims is the same and your solicitor will explain each step to you. The most common incidents regularly dealt with are road traffic accidents, which includes whiplash and fatalities. There are many firms of solicitors who specialise in one area only and this would be an example of that. There are also those who specialise purely in asbestos related claims, so there are plenty of opportunities to research companies and make the correct choice.
Once you have established that you may be entitled to seek legal remedy and are ready to start looking for a good lawyer, then it’s time to do your research on solicitors specialising in injury compensation claims. A lot of establishments advertise their services on television, but a good company will have client testimonials on their websites. This information is priceless, as it comes directly from the people who have used their services and you may also stumble across similar situations to your own. A good solicitor will do their best to obtain the maximum amount of money for you in the speediest manner. Time is of the essence in compensation cases and your solicitor will be happy to advise you on any limitations that may apply to your case.
AUTHOR BIO
Alice Aires writes regularly on all legal matters as well as injury compensation claims for a range of law based websites and regularly contributes content to legal blogs, providing guidance that you will need before filing for injury compensation claim.
Alice Aires writes regularly on all legal matters as well as injury compensation claims for a range of law based websites and regularly contributes content to legal blogs, providing guidance that you will need before filing for injury compensation claim.