In recent years, insurance companies in Ireland have been making bumper profits, and FBD is no exception. The company is expected to make pre-tax profits of €70m – a significant amount of money. However, despite these profits, many people in Ireland are still hesitant to make compensation claims, including personal injury claims. This hesitancy is often due to a lack of information or misinformation about the process, but there are many reasons why it is important to make these claims.
The first reason to make a compensation claim is that it can help you get the financial support you need. If you have suffered a personal injury, it can be challenging to pay for medical expenses, time off work, and other related costs. Compensation can help alleviate this financial burden, and ensure that you receive the necessary support to help you recover.
Another reason to make a compensation claim is that it can help get you justice. If you have been injured due to someone else’s negligence, it can be frustrating and unfair. By making a claim, you are holding the responsible party accountable for their actions, and sending a message that their behavior is unacceptable.
Furthermore, making a compensation claim can help prevent similar incidents from happening in the future. When companies or individuals are held responsible for their actions, they are more likely to take steps to prevent similar incidents from happening in the future. By making a claim, you are helping to create a safer environment for everyone.
It is also important to note that making a claim does not necessarily mean going to court. Many claims are settled outside of court, which means that you can receive compensation without the stress and expense of a legal battle.
Finally, making a compensation claim is a perfectly reasonable thing to do, especially when you consider the profits that insurance companies are making. FBD’s expected pre-tax profits of €70m highlight the fact that insurance companies can afford to pay out compensation, and it is only fair that they do so.
In conclusion, if you have been injured due to someone else’s negligence, it is important to consider making a compensation claim. Not only can it help you get the financial support you need, but it can also help you get justice and prevent similar incidents from happening in the future. Remember, making a claim is a reasonable thing to do, especially when you consider the bumper profits that insurance companies are making.