Doctor awarded $400,000 for future economic loss after being involved in a car accident

Published 18 Feb 2014

On 24 June 2006, Ms C was injured in a car accident. A claim was lodged against the CTP Insurer. Liability was admitted by the CTP Insurer.

Ms C instructed the offices of Gerard Malouf & Partners Compensation Lawyers to act on her behalf. Appointments were arranged for Ms C to attend various doctors to assess her injuries and ultimately the matter was referred to a CARS Assessor as the insurance company was not offering enough money.

The CARS Assessor issued a Certificate assessing Ms C’s damages at over $570,000.00 the amount included $75,000.00 for past economic loss and $400,000.00 for future economic loss. The Award for future economic loss was made on the basis of a buffer or a cushion.

Ms C was thrilled with the result as she has only taken minimal time off work. The Assessor found that even though she had taken very little time off work that because she was in the category of high income earners that her loses in the future were likely to be much greater than those of an average earning Australian. For that reason, he Awarded Mrs C a very large cushion to cover her into the future.

Mrs C was extremely satisfied with the result. If you are a high income earner and you have been involved in a car accident then contact our offices for a free no obligation quote on 1800 004 878 and arrangements will be made to see you in conference to discuss your rights and options.

On 24 June 2006, Ms C was injured in a car accident. A claim was lodged against the CTP Insurer. Liability was admitted by the CTP Insurer.

Ms C instructed the offices of Gerard Malouf & Partners Compensation Lawyers to act on her behalf. Appointments were arranged for Ms C to attend various doctors to assess her injuries and ultimately the matter was referred to a CARS Assessor as the insurance company was not offering enough money.

The CARS Assessor issued a Certificate assessing Ms C’s damages at over $570,000.00 the amount included $75,000.00 for past economic loss and $400,000.00 for future economic loss. The Award for future economic loss was made on the basis of a buffer or a cushion.

Ms C was thrilled with the result as she has only taken minimal time off work. The Assessor found that even though she had taken very little time off work that because she was in the category of high income earners that her loses in the future were likely to be much greater than those of an average earning Australian. For that reason, he Awarded Mrs C a very large cushion to cover her into the future.

Mrs C was extremely satisfied with the result. If you are a high income earner and you have been involved in a car accident then contact our offices for a free no obligation quote on 1800 004 878 and arrangements will be made to see you in conference to discuss your rights and options.