Compensation paid for asbestos cancer is called structured settlements and amount will be billions of dollars. Court settlement for asbestos cancer will be in lump sum amount and the lump sum amount will be structured into smaller amounts for life by settlement agencies. When the amounts are settled through agencies are termed structured settlements. Structured settlements are monthly payments of the total amount and have tax benefits.
What is asbestos?
Image courtesy of the Mesothelioma Cancer Alliance.
Asbestos in its fiber form is resistant to heat, fire, chemicals, electricity, and water. These group of fiber materials occurs in the environment as bundles. These fibers are separated into thin, durable threads. Because of the nature of asbestos, they are widely used for insulation purpose in many industries. The asbestos material is minerals composed of silicate compounds, meaning they contain atoms of silicon and oxygen in their molecular structure.
Medical research proved beyond doubt that asbestos is responsible for many deadly diseases, including cancer. Asbestos causes cancer and is a known human carcinogen. Exposure to asbestos may increase the risk of a relatively rare cancer of the thin membranes that line the chest and abdomen, called mesothelioma, Although rare, mesothelioma is the most common form of cancer associated with asbestos exposure. In addition to mesothelioma, lung cancer, asbestos exposure may cause gastrointestinal and colorectal cancers, cancers of the throat, kidney, esophagus, and gallbladder. The evidence and the cause are not proven. According to studies, people get exposed to asbestos from the workplaces, or their homes. Asbestos products are safe until they are disturbed and once disturbed, they release tiny asbestos fibers into the air. When someone breath asbestos fibers in, they get into the lungs and stay there for a long time. Asbestos disease will develop over time. With accumulated fibers in the lungs and cause scarring inflammation, which can affect breathing and lead to serious health problems.
Asbestos fiber accumulation over a period in the lungs results in heavy breathing problems, cough, and permanent lung damage. Asbestos cause other pleural and lung disorders, including pleural plaques, pleural thickening, and benign pleural effusions . Although pleural plaques may not lead to lung cancer directly, chances of risk for lung cancer. Billions of dollars as settlements are pending in courts due to Asbestos, in few countries.
Government has set asbestos exposure for eight hours of work as 0.1 fibers per cubic centimeter. It is a mandate by statutory health protection wing that for every 30 minutes of work period, fiber exposure should fall below 1.0 fiber per cc.
Even though the mandatory measures established by the health department, some organizations are putting their employees at risk and several structures still harbor asbestos related materials and more than 1.3 million workers in the shipyard, construction, building, railroad and automotive industries exposed to asbestos every year.
Products That Causes Asbestos Cancer
- Pipe Covering / .Pipe Insulation / Insulating Cement / .Insulating Block / .Refractory Cement / Floor and Ceiling Tile / .Fire Proofing / .Insulation / Fire-brick / Gasket
- Insulators / Pip fitters / Plumbers / Boiler Room Tenders / Boiler Makers / Steel Workers / Shipyard Workers / Electricians / Carpenters / Dry Wall Finishers / Painters
Asbestos Settlements News
Tobacco Settlement Stories
Asbestos Measurement widget