H.K. Porter Asbestos Trust Fund: Claim Types, Payments and Legal Options
The H. K. Porter Asbestos Trust has modernized its claim submission process by introducing a new online filing system by Verus. Here's a comprehensive guide on the Trust's purpose, how to navigate claim submissions and resolutions, and how to get the best out of the new system.
Introduction to H.K. Porter Asbestos Trust
Established to facilitate the efficient handling of asbestos-related personal injury claims, the H. K. Porter Asbestos Trust has undertaken significant strides since its inception. As of July 23, 2008, it reopened its doors to accepting such claims, streamlining the process through technological advancements.
H.K. Porter Asbestos Trust Purpose and Functions
The primary objective of the H. K. Porter Asbestos Trust is to ensure just and swift resolutions for asbestos personal injury claims. Abiding by its original Asbestos Claims Resolution Procedures, the Trust ensures each claim is received, scrutinized, and compensated appropriately. The move towards embracing modernity saw the introduction of an online system created in collaboration with Verus, thus marking a significant improvement in claim submission efficiency.
H.K. Porter Asbestos Trust Claim Submission and Resolution
The online claim submission, available through the Trust's website, has been designed with user-friendliness in mind.
H.K. Porter Asbestos Trust Current Payment by Claim Type
Current payment amounts for each type of claim:
Mesothelioma Claims:
- Expedited Review: $20,000
- Individual Review: $40,000
- Ratio*: 3.0%
Lung Cancer Claims:
- Expedited Review: $12,000
- Individual Review: $24,000
- Ratio*: 3.0%
* 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.
H.K. Porter Asbestos Products
- Anti Slag
- Asbestos Cloth
- Asbestos Roving
- Asbestos Tape
- Asbestos Tubing
- Asbestos Yarn/Cord
- Baffle Mix
- Bonding Mortar #20
- Conveyor Belts
- Duoflex Mortar
- Elevator Belts
- Flameguard
- Gardian (cleangard)
- Improved 3000 Cast
- Kromiform
- Laclede Block & Cement
- Laco High Temp. Cement
- Lapp
- Pitco
- Porterlag
- Porter RWL-100 ASB Lagging
- Portersite
- Portersite G
- Power Transmission Belts
- Slagtite
- Tallman-McCluskey Fabrics Co.
- Therma-A-Guard
- Thermoid supplied brake linings to CATERPILLAR
H.K. Porter 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.
H.K. Porter Trust Fund Mesothelioma & Lung Cancer Compensation Calculator
Get a comprehensive mesothelioma or lung cancer compensation estimate after asbestos exposure form products related to H.K. Porter Asbestos Trust Fund. Follow a few quick steps to receive your personalized result in seconds.
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.
Lowe Law Group is Helping Asbestos Victims for Over 15 Years
Compassionate legal support and clear communication for mesothelioma cases.
$265 Million Recovered for Clients
(866) 968-7171
