National Gypsum Asbestos Trust Fund: Claim Types, Payments and Legal Options

Discover the comprehensive guide to the NGC Bodily Injury Trust, its pivotal role, and essential details on claims submissions and resolutions.

Introduction to National Gypsum Asbestos Trust

Established in 2003, this trust is vital in addressing asbestos bodily injury claims associated with the National Gypsum Company. Dive in to understand its core purpose, functionalities, and step-by-step guide to submitting and resolving claims.

National Gypsum Asbestos Trust Purpose and Functions

The NGC Bodily Injury Trust, commonly referred to as NGCBIT, came into existence on August 6, 2003. Its primary role is to offer resolutions to asbestos-related bodily injuries linked to the National Gypsum Company. Operated and administered by Trust Services, Inc., the trust has stood as a beacon of hope and support for countless individuals seeking compensation for asbestos-related harm.

National Gypsum Asbestos Trust Claim Submission and Resolution

As per the Trust's guidelines, claimants must submit a designated claim form as evidence of their claim. Detailed instructions for submission, including the claim form and mandatory agreements for electronic submissions, have been laid out by the Trust to ensure clarity and ease of process.

National Gypsum Asbestos Trust Current Payment by Claim Type

Current payment amounts for each type of claim:

Mesothelioma Claims:

  • Expedited Review: $22,500
  • Individual Review: $180,000
  • Ratio*: 41.0%

Lung Cancer Claims:

  • Expedited Review: $3,750
  • Individual Review: $30,000
  • Ratio*: 41.0%

* The trust funds ensure a fixed percentage of compensation known as a "ratio", which reserves funds for potential future victims based on the claim's worth.

National Gypsum Asbestos Products

  • 35 lb Asbestos Roofing Jacket
  • All Purpose Joint Cement
  • All Weather Caulking Compound
  • Asbestibel Panel
  • Asbesto-Grid Panel
  • Asbestone Cement Wallboard
  • Asbestone Roofing
  • Asbestos Ceiling Panels
  • Asbestos Cement Siding Shingles
  • Asbestos-Faced Mineral Wool Insulation Board
  • Asbestos Fiber
  • Asbestos Jackets for Pipecovering
  • Asbestos Stripping Tape
  • Chromashake Siding
  • Chromatex Siding
  • Chromatone Siding Shingles
  • Classic “32” Siding
  • Classic Shake Siding
  • Corrugated “400” Siding and Roofing Material
  • Craftco Cement Paint
  • Deeptex Siding
  • Dutch Lap Shingles
  • Exterior Foam Core Panels
  • FlexFelt
  • Gold Bond Acoustical Plaster
  • Gold Bond Adhesive
  • Gold Bond All-Purpose Joint Cement
  • Gold Bond All Purpose Joint Compound
  • Gold Bond Asbestone Panels
  • Gold Bond Asbestos Cement Board
  • Gold Bond Asbestos-Faced Mineral Board
  • Gold Bond Asbestos Fiber
  • Gold Bond Asbestos Panels
  • Gold Bond Asbestos Paper
  • Gold Bond Ceiling Panels
  • Gold Bond Color Textures
  • Gold Bond Corrugated “Economy 250” Asbestos Cement Sheet
  • Gold Bond Cover Crete
  • Gold Bond Craftex
  • Gold Bond Crown Coat Cement
  • Gold Bond Decorite
  • Gold Bond Exterior Stucco
  • Gold Bond E-Z Spray Texture
  • Gold Bond E-Z Tex
  • Gold Bond Finisher
  • Gold Bond Fire-Shield Plaster
  • Gold Bond High Humidity Acoustical Plaster
  • Gold Bond Humiguard
  • Gold Bond Humiguard Asbestos Panels
  • Gold Bond Insulating Cement
  • Gold Bond Insul-Best Panels
  • Gold Bond Joint Compound
  • Gold Bond Laminating Adhesive A
  • Gold Bond Macoustic
  • Gold Bond Millboard
  • Gold Bond Mortar Mix
  • Gold Bond Natcor
  • Gold Bond No. 340 Insulating Cement
  • Gold Bond Panels
  • Gold Bond Patching Plaster
  • Gold Bond Perfo-Lyte Acoustical Plaster
  • Gold Bond Permaboard
  • Gold Bond Plasters
  • Gold Bond Plasticryllic Panels
  • Gold Bond Pliaboard
  • Gold Bond Quik-Treat Joint Compound
  • Gold Bond Q-W Compound
  • Gold Bond Ready Mixed Joint Cement
  • Gold Bond Ready Mixed Joint Compound
  • Gold Bond Ripple-Tone Plasticrylic Panels
  • Gold Bond Rockwall Acoustic Plaster
  • Gold Bond Siding
  • Gold Bond Spackling Paste
  • Gold Bond Spackling Plaster
  • Gold Bond Sprayolite
  • Gold Bond Sprayolite Acoustical Plaster
  • Gold Bond Spray-On Acoustical Plaster
  • Gold Bond Spray Quick
  • Gold Bond Spray Quick A
  • Gold Bond Sta-Smooth Compound
  • Gold Bond Super Westex
  • Gold Bond Tar Paper
  • Gold Bond Texas Texture
  • Gold Bond Texture
  • Gold Bond Texture Paint
  • Gold Bond Thermotec Asbestos Cement Sheets
  • Gold Bond Thermo Weld Compound
  • Gold Bond Topping Cement
  • Gold Bond Topping Compound
  • Gold Bond Tri-Treatment Joint Cement
  • Gold Bond Tri-Treatment Joint Compound
  • Gold Bond Two-in-One Joint Compound
  • Gold Bond Velvet Joint Compound
  • Gold Bond Velvet Spray Quick Texture
  • Gold Bond Velvet Texture A.R.
  • Gold Bond Velvet Topping Compound
  • Gold Bond Velvet Triple-T Compound
  • Gold Bond Velvet White Super Spray
  • Gold Bond Vinyl Texture
  • Gold Bond Vinyl Topping Compound
  • Gold Bond Wallboard
  • Gold Bond Wood Fibered Plaster
  • Hexagonal Shingles
  • Insul-Best Panels
  • Panelectric Groove Fill
  • Perfect Spray
  • Perforated Panel
  • Ranch-Style Shingles
  • Rockwall Acoustic Plaster
  • RockWool Insulating Cement
  • Soffit Panels
  • Sprayed “Limpet” Asbestos
  • Sussex “32” Siding
  • Thermacoustic
  • Thermotec
  • Thermo-Weld Compound
  • Two-in-One Compound
  • Unperforated Panel
  • Vinyl Topping Compound
  • Wesco Joint Treatment
  • Woodgrain Siding

National Gypsum Trust Fund Asbestos Exposure Calculator

National average for mesothelioma lawsuit settlements typically range from $1.1 million to $1.5 million while lung cancer settlements may range between $150,000 and $350,000. Use Asbestos Compensation Calculator for a personalized compensation estimate.

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National Gypsum Trust Fund Mesothelioma & Lung Cancer Compensation Calculator

Get a comprehensive mesothelioma or lung cancer compensation estimate after asbestos exposure form products related to National Gypsum Asbestos Trust Fund. Follow a few quick steps to receive your personalized result in seconds.

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Asbestos & Mesothelioma Law Firm Near You

National law firms, with their experience in handling cases and trust fund claims across the country, can be a smart choice. Opting for a nationwide firm means you'll have a team of lawyers who know the ins and outs of asbestos cases in every state. They'll figure out the best place to file your claim and make sure it's done within the legal deadlines, all to get you the maximum possible compensation.

Morgan & Morgan is Helping Asbestos Victims for Over 40 Years

America's largest personal injury firm fighting for mesothelioma victims nationwide.