financial compensation for injuries

Financial compensation for injuries refers to a sum of money awarded to an individual who has suffered harm or loss due to an accident, negligence, or unlawful act. It aims to cover medical expenses, lost income, pain and suffering, and any long-term disability or impact on quality of life. The goal is to financially restore the injured person to the position they were in before the injury, as much as possible, through a legal or insurance process. Compensation can come from the responsible party’s insurance, individual settlements, or court awards, depending on the circumstances.