What is an Interim Payment in a compensation claim?
Interim payments are made when someone has suffered a serious illness or injury through no fault of their own, and would be at risk of suffering serious financial hardship during the time it took to settle their compensation claim. Interim payments cover things like living expenses for people who can't work due to their injury, as well as costs for things like nursing care. Find out more below, or talk to one of our friendly advisors on 0800 175 7900.
Am I entitled to receive an Interim Payment?
If you have been made seriously ill with something like asbestosis or mesothelioma, or have suffered a serious injury such as a head injury or spinal injury, it's unlikely that you will be able to work. Naturally, this could cause serious financial problems for you and your family.
Where this has happened, and a compensation claim against the 'at fault' party has begun, we would usually ask for an Interim Payment to be made, for two main reasons:
1. In very serious cases, you would not only be unable to work, you might need to pay for specialist nursing care or even alterations to your home.
2. Serious cases like these can take months or even years to settle; and you shouldn't have to wait until the final settlement is eventually agreed to get the help you need.
How long will I have to wait for an Interim Payment?
There's no hard and fast rule about this, but the whole point of Interim Payments is that they should arrive soon enough to pay for the immediate treatment you need, and give you the financial help you need to keep bills paid and food on the table.
So in cases of very serious illness or injury - where you need financial help right away, not years down the line - we would also ask the 'at fault' party or their insurers to make an Interim Payment as soon as humanly possible.
After all, if you have an asbestos-related illness, the sooner treatment starts, the better the outcome will be. And treatments for conditions like mesothelioma aren't always available on the NHS.
Naturally, any Interim Payments you receive will be taken into account when any Full and Final Settlement is agreed. But in very serious injury compensation cases, the sooner you receive a part of the money you will need, the better things tend to be, for you and your family.
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