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Saturday, December 5, 2009

Truth About No Win No Fee Accident Compensation Claims


Although many people are aware of the term "No Win No Fee" not everybody is aware of the complete legalities associated with the term. On the surface this is the name of a contract or an agreement that you make with your personal injury lawyerUnder this agreement the lawyer or the law firm actually agrees to work on your case for no fee whatsoever.
Once this contract has been signed between the injured party seeking the claim and the law firm that has agreed to help them out, there is no fee that the injured party has to pay from here onwards.

Ever since personal injury law firms started to offer No Win No Fee accident compensation services they have been hugely successful. Innocent victims of road accidents, medical malpractice or work related injury can now seek their rightful compensation without having to worry about the legal fees.

Before the advent of the No Win No Fee system in the market seeking accident compensation could be quite a hassle for the injured party. One would have to apply for Public Funding or Legal Aid in order to get some comprehensive coverage. However this method clearly brought to light the flaws of the system as those who were entitled to coverage often missed out and those who were not got more than they deserved. This is the reason why the No Win No Fee system was introduced in the year 2000 in place of the Legal Aid system.

Under this system persons from all financial statuses can actively pursue an accident compensation claim without having to worry about incurring the costs. Ever since the introduction of this method the entire system has become fairer towards the victims of unfortunate accidents.

However there are still some details of the No Win No Fee system that you ought to be well aware of. Although you will not be charged any legal fees by the law firm that you are associated with, there are some disbursement costs that you will have to incur. Basically these costs include things like witness charges, medical records and doctor's fees.

The better law firms most commonly defer these payments until the case reaches its conclusion. This means you don't have to pay for these costs up front. If you manage to win the case then you don't have to pay for these costs at all because they will be retrieved from the losing party's insurer.

What happens if you lose the case? Personal injury law firms that deal in No Win No Fee contracts also offer an "after the event" insurance compensation which can be used to pay for the disbursements if you happen to lose the claim. This insurance program has been specially developed to help the injured party in cases where the law firm is unsuccessful in retrieving their accident compensation.

With the No Win No Fee accident compensation claim system in place you can contact professional accident consultants for free and have them review your case over the phone. It is best that you don't delay making your claim as accidents that occurred more than three months ago are unlikely to receive the claims.

Accident Consult is a professional and experienced law firm that has been helping the injured in UK to receive No Win No Fee accident compensation claims. Details of how they operate can be seen at http://www.accidentconsult.com

Article Source: Harsal_Gibs


29 comments:

  1. Thank you for sharing detail info about the complete legalities associated with the term No Win No Fee. Well It surely need more attention than I thought before. This is great info.

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  2. It was a great information about no win no fee Accident compensation claims. Never have so much idea about such legal points.

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  3. Nice information. I wasn't aware of how to put such claims. got so many ideas clear

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  4. A formal request to an insurance company asking for a payment based on the terms of the insurance policy. Insurance claims are reviewed by the company for their validity and then paid out to the insured or requesting party (on behalf of the insured) once approved.

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  5. very good information. thanks for posting.

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  6. This is an informative post about no win accident compensation claims. Interesting what to do should you lose and "after the event" insurance; I never knew there was such an option. Thank you!

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  7. Thank you for sharing detail info about the complete legalities associated with the term No Win No Fee. Well It surely need more attention than I thought before. This is great info.

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  8. It was a great information about no win no fee Accident compensation claims. Never have so much idea about such legal points.

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  9. This is really a great benefit for the one who wants to file claim under no win no fee umbrella because it has many benefits as you mentioned in your post.

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  10. Good info about accident compensation claim. I hope my claim will go smoothly

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  11. This blog is to provide useful information for me. I hope to get more information from this blog.
    Thanks a lot for you.

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  12. This blog is to provide useful information for me. I hope to get more information from this blog.
    Thanks a lot for you.

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  13. This is really a great benefit for the one who wants to file claim under no win no fee umbrella. Nice post

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  14. This post is really a great. I hope to get more information for this. thanks.

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  15. Nice article. Thanks for sharing some valuable information with us

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  16. This article provides us nice information regarding claims.it will helps a lot in future.

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  17. totally new info to me , thx for providing here on this blog

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  18. very happy to read this article because add my knowledge about claim solicitors...

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  19. good nice article.I got more information regarding compensation claims.

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  20. That's right “no win, no fee” ensures that the solicitor gets paid for the work that they do, whilst the claimant gets 100% of the compensation awarded. In a “no win, no fee” situation, the solicitor will agree not to charge the client anything unless the claim is won.anyway nice article covering all the aspects of such a important topics.

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  21. These type of compensations have nothing to do with the real drama that lies behind the scene but still this a very good way to be more human

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  22. very nice and informative article ! looking forward to reading more articles like this here !

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  23. nice article . all the necessary information is presented here.

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  24. waheed, I 100% agree with your comment, that the solicitor gets paid for the work that they do, whilst the claimant gets 100% of the compensation awarded.
    Actually, this situation is little funny for me.

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  25. useful information!thanks to lets us know about that!

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  26. This clears things up a bit thanks

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  27. i can get point of view accident compensation claims after read this post.. very useful

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  28. good nice article.I got more information regarding compensation claims.

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  29. Your blogs and every separate material are so remarkable and lucrative it makes me come back most again.
    No Win No Fee Claims

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