Mesothelioma Compensation | Amounts for Victims & Families – Mesothelioma.com

Jennifer Lucarelli Legal Advisor and Contributor
Linda Molinari Editor in Chief
Mesothelioma compensation varies depending on case type. Compensation may be available from asbestos trust funds, settlements or jury verdicts. Settlements average around $1 million and lawsuit verdicts average $2.4 million. Compensation from trust funds may take less than one year. The time frame for payouts from trials or settlements varies based on the specific case.

Average mesothelioma payouts vary depending on the type of compensation pursued and several other factors. The annual Mealey’s Litigation Report: Asbestos states average mesothelioma compensation amounts, including:
Mesothelioma patients and their families should discuss claim options with an experienced lawyer. Many factors may impact the amount of compensation awarded. For example, though lawsuits often have higher average payouts, some individuals may wish to avoid a trial.
The amount of mesothelioma financial compensation awarded varies based on several factors, including:
Your mesothelioma law firm can help you determine which option is best suited to your situation.
There are several types of compensation for mesothelioma. A mesothelioma lawyer can help you determine which compensation options you may be eligible for.
Asbestos trust funds are created by bankrupt asbestos companies to provide compensation for current and future claims. Individuals may be entitled to file an asbestos trust fund claim when they are exposed to asbestos by a company and develop an asbestos-related disease.
More than $30 billion has been set aside in trust funds to compensate mesothelioma victims. There are more than 65 asbestos trusts.
Asbestos companies often file for bankruptcy due to rising legal issues and costs surrounding dangerous asbestos product exposure. As part of the bankruptcy proceedings, trust funds are established to ensure funds are available for victims of asbestos exposure.
These trusts have certain criteria mesothelioma victims must meet in order to be eligible for a payout. An asbestos attorney can help determine your eligibility and handle the filing process. Some patients may be eligible to file a claim against multiple asbestos trust funds.
Mesothelioma settlements are legally binding agreements between an asbestos defendant and plaintiff. A settlement can be offered before, during or after a mesothelioma lawsuit goes to trial. In many cases, companies will offer a settlement before the claim reaches trial.
The patient or family member filing can decide whether or not to accept a settlement. An experienced mesothelioma lawyer will guide you through the settlement process.
Mesothelioma lawsuit verdicts are decided by a jury at the end of trial proceedings. If the jury finds a defendant liable for asbestos exposure, they will determine an asbestos lawsuit payout. The amount awarded will be determined by various factors, such as expenses incurred from the mesothelioma diagnosis. The trial verdict award may also include punitive damages.
A skilled attorney can advise you about the strength of your case and the likelihood of a favorable verdict and award.
Patients or loved ones may be eligible for other types of compensation, including:
Individuals may also be able to receive financial assistance from other institutions. Private health insurance, Medicare and Medicaid, disability insurance, social security disability and community grants may be available for eligible patients to assist with mesothelioma costs.

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Mesothelioma payout time frames vary greatly. In general, asbestos bankruptcy trusts will process and payout successful claims within a year of being filed. Mesothelioma settlements and lawsuit verdicts may take additional time.
Settlement offers may arrive before a case goes to trial, during the trial or during any appeals. Once the asbestos victim and their attorney accept a settlement offer, the victim may receive their compensation within months.
Mesothelioma lawsuit award time frames depend on a number of factors, including lawsuit type, number of defendants named in the case and availability of all involved parties. Depending on these variables, a lawsuit verdict and award may take several months to one year or longer.
Individuals diagnosed with mesothelioma may be eligible for compensation. Surviving family members may also be eligible to receive compensation.
Eligibility requirements differ slightly based on claim type. However, there are several general mesothelioma compensation eligibility requirements, including:
It is important to consult an experienced mesothelioma law firm to determine your eligibility.
Family members of mesothelioma patients may be eligible for compensation. Close loved ones, such as children and spouses, may be eligible to file a wrongful death lawsuit. These lawsuits are filed after a mesothelioma patient has passed.
Wrongful death lawsuits can help family members cover lingering medical costs, pay for funeral expenses and provide financial security.
Experienced mesothelioma attorneys can help family members get the compensation they deserve on behalf of their departed loved ones.
The filing process will vary based on which type of compensation you choose to pursue. However, the general process for filing any mesothelioma compensation claim is similar.
Searcey D, Barry R. As Asbestos Claims Rise, So Do Worries About FraudThe Wall Street Journal. March 2013.
U.S. Department of Veterans Affairs. Veterans Asbestos Exposure. Updated January 2022.
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Jennifer Lucarelli Legal Advisor and Contributor
Jennifer Lucarelli has been an advocate for mesothelioma patients and their families for 20 years and has helped over 1,000 victims. She is a Legal Advisor and Contributor for Mesothelioma.com.
Jennifer Lucarelli Legal Advisor and Contributor
Linda Molinari Editor in Chief
Linda Molinari has more than 15 years of experience as a writer and advocate for mesothelioma patients and a ban on asbestos.
Linda Molinari Editor in Chief
Mesothelioma.com is dedicated to providing the latest medical information on mesothelioma, spreading awareness about the dangers of asbestos exposure and providing victims with free resources.
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Page last modified on May 5, 2022.

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