re: Why is your life worth more if someone else hurts you?

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All insurance is about fear.

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Fearing that your loved ones will suffer financially when you're gone? Yes.

I didn't get insurance to gauge how much I'm worth. I insured myself to cover my home to be paid off. Everything else is on them.

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All insurance is about fear.

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Insurance is about probabilities and consequences.

If you’ve ever had to help bury someone that didn’t have life insurance via donating to a gofundme, you would’ve have such a stupid take.

What does fear have to do with the fact that people die everyday and they sure as hell didn’t wake up planning to die.

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lawsuit value is more akin to making the victim “whole” in the only way possible for the loss of a life, which means placing a monetary value upon what someone’s life is worth.

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Why is the value of your life dependent how much someone else can pay?

Your value should be your value, when was valuation perverted to finding who with the deepest pockets could be theoretically blamed for helping cause your death?

What precedent was allowed that opened the door for trash lawyering.

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If I die because a business or government entity accidentally does something…why does my family deserve 10-20 times the value I placed on my own life?

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You need to spend some time to learn and understand compensatory vs punitive damages. This is often salient in cases with huge awards.

This is a fairly complex issue and hard to delve into without an actual case or at least a fleshed-out hypothetical to draw from.

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Why is the value of your life dependent how much someone else can pay? Your value should be your value, when was valuation perverted to finding who with the deepest pockets could be theoretically blamed for helping cause your death?

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You’re really having trouble understanding the difference between value and collecting.

The value is the same no matter who is at fault. But it does no one any good to try to get it from someone who has no assets from which the value can be collected.

Also, it is common to have more than one entity liable for the same event. Maybe the bank did fail to properly train a guard and customer is injured. Should the bank’s fault somehow be excused?

Let’s try to really blow your mind. If you and a co-employee are driving to a job, each in your own cars, and he rear-ends you, your recovery is limited to workers’ comp, which does not pay for pain and suffering. On the other hand, if someone driving for a major corporation rear ends you there is a potential for a much larger recovery against their large policy. Same accident, same injuries, much different result.

It depends. If someone injuries you off the job in a car accident you could go years of losing wages, paying major medical bills, and incurring other expenses before you get your payday.

In workers comp, there is no fault. The employer cannot be hit for pain and suffering but must start paying indemnity and medical benefits instantly. The employee is not put of pocket for medical expenses.

So you tell me, which of these two scenarios is better?

I will also tell you that people react to injuries differently. A back injury which may disable one person will not disable another. So how exactly, with the same medical findings, do you give these two people the same amount of money?

I”m confused as to your original question. Your original post seemed to ask the difference between “life insurance” values and lawsuit damage values. The value of someone’s life (lawsuit related) is the same calculation for everyone. Some earn more, some have more dependents, some have a longer life expectancy, etc….

Sometimes, there is just the ability to recover from a defendant versus another defendant who doesn’t have a penny to his name.