Although no two situations are alike, most personal injury claims go through various steps. This includes legal proceedings, settlement negotiations, payment of funds and ongoing care. It can be a long and drawn out process, financially stressful and exceptionally hard on you emotionally.

During this time a personal injury adviser can help relieve some pressure, by acting as a guide, a sounding board and an expert in financial matters. They can help you manage your cash flow, calculate the ongoing costs associated with your future needs, prepare a financial plan that provides you with ongoing security, and work with other professionals to make the process as smooth as possible. Once you receive your settlement they can put sensible investment and protection strategies that give you the best chance of your money lasting through life.

Of course not all advisers are specialised in this area, so be sure to look for an adviser with a long experience in personal injury advice.

Personal Injury Claim: Some Facts

While no two cases are the same, most personal injury claims go through legal proceedings and settlement negotiations.

There is no clear timeframe for legal proceedings so it can often be a long, drawn out and worrying process. Making sure you have enough money to cover your day-to-day expenses as well as treatment and equipment costs can be a real challenge during this time.

A personal injury adviser can help by:

• Getting to know you and how we can best help your situation.
• Providing advice on how to manage your money requirements (cash flow)
• Providing advice on budgeting techniques.
• Answering all the questions you have about how you access your funds once your claim is finalised and how much you can spend and on what.

Settlement negotiations are a nerve wrecking time, wondering whether the case will settle, how much the settlement sum will be and whether it will be enough to meet all of the expenses.

A personal injury adviser can help:

• Calculate the ongoing costs associated with your future needs. Our experience enables us to calculate costs such as rehabilitation, ongoing care, and day to day living expenses, which takes the guesswork out of it for you.
• Prepare your own personalised financial plan.
• Provide security. We’ll devise a financial strategy just for you that takes into account; cash flow needs, sensibly investing money so that it lasts, estate planning, Trustee services, and protective options. All with the injured person’s best interests at heart.

Of course personal injury is a particularly specialised niche and very few advisers have the expertise, qualifications and professional network required to give this kind of advice. To ensure you are put in someone who does, please use the contact form included above.