No Win No Fee Personal Injury Claims

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Compensation: No Win, No Fee Personal Injury Claims
Personal Injury Law allows individuals who have been victims of accidents that were not their fault to gain compensation for the inconvenience and pain they have suffered caused by the negligence of another. Personal injury cases are extremely common and the situations in which an individual is eligible to make a compensation claim vary widely. The most common include road traffic accidents, accidents at work, agricultural accidents, medical/surgical malpractice and defamation. Victims may be put off from filing a claim for compensation due to the fear of incurring substantial legal fees. However, since the inclusion of ‘no win no fee’ victims are able to fight for the compensation they deserve without the financial burden of legal fees.
What does no win no fee mean?
A no win no fee arrangement is legally referred to as a conditional fee agreement (CFA). The CFA is an official document between you and your solicitor that details the terms of your agreement. Most solicitors will follow the following …show more content…

Some claimants will already have insurance to cover this referred to as Before The Event Insurance (BTE). This will usually have been taken out at the same time as a car or home insurance policy. Some companies may provide the service free of charge, but if companies do charge it will likely be in the realm of £15 for 12 months cover. This will cover any fees the claimant is liable for. If claimants do not have access to BTE then they may acquire an After The Event Insurance (ATE) policy. The cost of this can be pricier, ranging from £75 - £5000 depending on the size of the compensation claim. However personal injury solicitors will likely cover the cost of the premium. In the event of a successful case, it is possible to recover the cost of an ATE insurance premium from the

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