Wrongful death litigation can provide financial relief to people who have lost a loved one. A wrongful death lawsuit seeks to hold a person or business responsible for negligence or misconduct that causes a premature death. Families may feel a sense of closure when the courts declare another party responsible for their loved one’s passing.
They can also defray the economic harm they experience through successful litigation. They can recoup a variety of losses, including medical expenses and funeral costs. They can also seek compensation for the lost income of the deceased individual.
Insurance may not fully cover lost wages
Depending on the circumstances leading to the tragedy, there might be insurance policies that apply. Premises liability policies insuring businesses or homes can help cover certain expenses after a fatal fall. Car crash liability insurance can compensate survivors for some of their losses after a wreck.
However, insurance isn’t always available. Even when it is, the coverage provided may fall short of the total expenses the family experiences. Lost income can easily amount to several times the policy limits that apply. Families need to consider not just the current wages of their loved one but also their future earning potential. Advancement opportunities, cost-of-living wage increases and even employment benefits can contribute to the total value of a wrongful death lawsuit.
It can be a challenge for those grieving to realistically calculate what a loved one might have earned in 20 years. They may need assistance determining what damages to seek and navigating the legal process. Working with a lawyer can increase the chances of success when pursuing a wrongful death lawsuit. Families who have appropriate guidance may have an easier time achieving economic justice after a tragedy.
