Compensation for harm to a spouse’s or family member’s relationship (companionship, affection, support).
Context on Express Legal Funding
Loss of consortium represents the intangible damages suffered when a personal injury diminishes the quality of a familial relationship. As a non-economic damage, calculating its value can be complex, which may influence the amount of pre-settlement legal funding an injured party might be eligible to receive. These damages are often considered in cases involving severe injuries that profoundly impact a family’s dynamics, potentially increasing the overall settlement value. Understanding the nuances of loss of consortium is crucial when assessing the financial needs during a lawsuit.
Significance: Considered a non-economic damage.
