Compensation For Future Prospects can be claimed in accident cases involving serious injuries Resulting In Permanent Disablement

Last updated: 18 November 2022

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The Supreme Court has ruled that compensation for 'future prospects' can be claimed in accident cases where victims suffer serious injuries resulting in permanent disablement. The court emphasised that just compensation should aim to restore the victim to their pre-accident position as much as possible, considering not only immediate losses but also future potential. This decision clarifies that individuals with permanent disabilities due to accidents are entitled to claim potential future earnings and advancements, not just past or current losses.

Court :
Supreme Court of India

Brief :
The Tribunal held that the accident took place due to the rash and negligent driving of the offending vehicle as a result of which, the appellant sustained injuries and was awarded pecuniary as well as nonpecuniary damages.

Citation :
CA 8510 OF 2022 DATED 16 NOV 2022

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FCS Deepak Pratap Singh

Associate Vice President - Secretarial & Compliance (SBI General Insurance Co. Ltd.)

Dear Friends, MyselfFCSDeepak P. Singh ( B.Sc.. LLB, FCS. FIII, CIAFP, CRMP, ID) , A Fellow Member of ICSI, Law Graduate ,Fellow Member of Insurance Institute of India, Certified Independent Director ,Certified Insurance Anti Fraud Professional , Certified Risk Governance Professional ( ICSI-III) and cleared Limited I ... Read more

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