What should wrongful death compensation cover?

| Mar 23, 2021 | Wrongful Death |

Losing a loved one to an accident through recklessness or negligence is a tragic experience that no one should suffer through. While no one can replace your friend or family member, the compensation from the accident should replace the decedent’s contribution to the household.

The cost of the burial process alone can be as high as $15,000 or more, but that is not the only expense that the family of a decedent can experience. The compensation from the wrongful death should cover all of these expenses, including:

Lost income

If the decedent was a primary income-provider for the house, the following lack of income and put the family in financial jeopardy. The resulting compensation should reflect the income the decedent would have earned through the rest of the life of their career.

Health benefits

A primary provider in the family may have also offered health insurance through their employment. Losing this essential coverage can result in the family having to pay considerable medical expenses for necessary treatment or medication. These expenses can also become a factor in the compensation.

Retirement benefits

The decedent’s job provided vital income for the family, but it may have also allowed the decedent to accrue retirement benefits essential for the family. The initial contribution of the retirement benefit and the accounts’ annual growth should both be a part of the wrongful death compensation.

Medical and funeral expenses

Suppose the decedent was in the hospital before passing. In that case, the liable party for the death should also be liable for any bills from the medical services the decedent accrued during the hospital stay. Additionally, the liable party should also cover the cost of funeral expenses.

Let your attorney handle negotiations

It can be a lot to ask the decedent’s spouse or children to juggle coping with their loss and pursue the compensation they need to recover. Let an attorney help you secure the best possible compensation for your loss while you focus on taking care of yourself and your family after your loss.