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Our Core Beliefs
We believe there is nothing more important than optimising your potential to recover as much as you can from the serious injury you have suffered to enable you and your family to lead as normal a life as possible. To enable you to get back to being you! To enable you and those closest to you to understand what has happened and to understand and accept the challenges that lie ahead!
As you probably already know, intensive rehabilitation by the right people at the right time is key to achieving this. No one can or will ever argue against this, because it is an absolute truth.
The Core Problem
If the NHS can’t do it properly for you or if there is no other means available to help you, where do you go? Who can you turn to?
Rehab4Life will gladly help you if you are able to persuade us that someone else is to blame for the accident that caused your injuries. However, if you can’t do this, I am sorry to say, we won’t be able to help you under our scheme.
Our Regrets
We feel pretty bad about that. But we cannot be any less than honest. We wish our scheme could help everybody affected by serious brain injury. But it can’t.
We feel bad that our National Health Service is unable to afford to provide any where near the required amount of necessary rehabilitation for the majority of brain injury victims in the way they deserve in a civilised society. It seems there are too many important other priorities. Oh, they do their best! But it is nowhere near good enough.
Our commitment to all victims - it's the least we can do!
To try to help as many people as we can we have produced a book. Please read our book on “How to Cope with Traumatic Brain Injury in The Aftermath” which sets out the difficulties faced by victims in the months and years following an injury. It is available on our website as a free download to everyone. This is part of our commitment to every brain injured victim and family, whether we can help under our scheme or not. We hope you find it useful.
If you do qualify - some very good news!
The very good news is that if you lose your claim (which we do not expect to happen) for compensation you will:
• have received the very best rehabilitation money can buy, worth many tens of thousands of pounds, and received (if needed) up to £25,000 loss of earnings
• not have had to pay one single penny for it; and
• be in a much better position, physically and mentally, than would otherwise have been the case without it.
The other very good news is that, if you win your claim, which we expect you to do (otherwise we wouldn’t accept you onto our scheme), you will be in that self same better position, physically and mentally, and your life, and the lives of those closest to you, will be built on the solid foundations of optimal rehabilitation.
The financing of the scheme's benefits. Who pays?
The money that pays for your rehabilitation (and your loss of earnings, if required) is obtained by way of a loan to you, agreed right at the very start of your case, by some very understanding and very good bankers, who, because of our commitment and passion to helping brain injury victims, have agreed to enter into this area of funding where no other bankers or financial institutions have ever gone before. This is one of the reasons our scheme is so special.
Does this loan have to be paid back at some point?
The answer is simple. Yes, you always have to repay loans to banks. BUT – read on. Because our scheme is very special, we have made arrangements with a leading insurance company to issue you with a unique policy of insurance, right at the very start of your case, which will reimburse you (i.e. will pay back on your behalf), the money you have borrowed from the bank for:
• rehabilitation
• loss of earnings
• interest on your loan (yes, it also covers the interest on all your borrowings from the bank)
- if you lose your case.
But what happens if I WIN MY CASE, I hear you ask?
If you win your case, you will be awarded compensation, which, in serious brain injury cases, is likely to amount to a considerable amount of money, many hundreds of thousands, if not millions, of pounds. This is typical of our experience.
Your compensation award, at the end of your case, will be made up of lots of elements, including rehabilitation and loss of earnings. So, the money you are awarded will be used to repay your loan.
What about the interest on the loan?
Unfortunately, as a matter of law, commercial rate interest is not recoverable as part of a claim for compensation for personal injury, so, if your claim is successful, your compensation award will not include the interest you will have to pay on the loan. However, you are entitled to claim some interest on your damages (known as statutory interest) which will go some way to offsetting the commercial rate interest you will have to pay to the bank when you receive your compensation.
So, in short, you will, at the end of your case, have to pay some interest on your borrowings, but only IF YOU WIN YOUR CASE. Not fair? I completely understand, but the law is the law and we are stuck with it. Bear in mind, though, you will have benefited considerably from the life enhancing rehabilitation and financial security which has cost you nothing so far AND you will have won your case involving an award of an awful lot of money. You may just consider this to be a good position to find yourself in when you think about it. Remember, there is nothing at all to pay back if you lose your case
What about the unique insurance policy? Who pays for it? How much does it cost?
You do not have to pay anything up front out of your own pocket.
6% of the total cost of the premium is payable to the insurers at the outset of your case, but this is paid by the funders, on your behalf, as part of the loan agreement - so you don't have to find it. 94% of the premium is deferred to the end of the case.
IF YOU LOSE YOUR CASE there is nothing to pay AT ALL because the premium is “self insured”.
IF YOU WIN YOUR CASE - insurance policies usually only cover you if you lose; therefore if you win you are liable to pay the full cost of the premium out of the compensation you are awarded (but see next).
Can you claim the cost of the insurance premium from your opponent as part of your compensation?
Yes, you can!
But, because our scheme is so brand new, no one has actually ever made a claim to recover the cost of an insurance policy such as this before.
We do take the view, however, that, as a matter of law, there is no good reason why the cost of the premium should not be claimed as part of your compensation. For all sorts of reasons we believe it ought to be awarded to you, but we cannot guarantee it will.
How much will you have to pay?
The premiums have been set on a sliding scale and are dependent upon the amount of cover you require. This will be made known to you before you go ahead, by your solicitor, when your rehabilitation and loss of earnings and loan interest requirements are known.
Is that all I need to know?
This page doesn't deal with absolutely everything you need to know about the scheme. Your solicitor will advise you fully of all the in's and out's when ready to do so. In the meantime we, here at Rehab4Life, are very happy to answer all and any questions you may have - please telephone our team on 0330 99 99 999.
Lastly, knowing the price of everything ....and the value of nothing!!
Our whole ethos is based on the priceless value of optimal and timely traumatic brain injury rehabilitation (your health and well being) to you and to those closest to you, as well as financial security and peace of mind. Without it you will suffer, undoubtedly.
Sometimes hard choices have to be made. Do you go with the rehabilitation, and the loan that is necessary to pay for it, in order to get you back on track and lead as fulfilling a life as possible? Do you go with the loss of earnings loan, in order to give you and your family peace of mind? In both cases KNOWING that if you lose your case there is nothing for you to repay, so nothing to lose.
But, also, KNOWING that if you win there will be at least some deductions from your compensation – this being the price you may have to pay for your health. You may be one of those people who recognise the value of it rather than the price of it. You may therefore believe it is a small price to pay in all the circumstances. But if you don't, that is your choice and we respect it.
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