Damages

Welcome to our actuarial damages team! With more than 20 years of combined experience in damages work, many of you have worked with us before.

Our focus is on helping our clients navigate complex damages calculations related to Road Accident Fund claims, medical negligence claims, personal injury claims, divorce maintenance, and deceased estate maintenance. We understand that these legal matters can be stressful and overwhelming, which is why we strive to make the calculation process as clear and simple as possible.

Our team consists of experienced actuaries who are dedicated to providing exceptional service and support to our clients. We have a deep understanding of South African law and regulations, and we use the latest technology and data analysis techniques to ensure that our calculations are accurate and up-to-date.

We pride ourselves on our professionalism, integrity, and commitment to excellence. We understand that our clients trust us with important financial calculations, and we take that responsibility seriously. Whether you're a lawyer, a business owner, or an individual seeking damages compensation, we are here to help.

If you have any questions or would like to discuss your specific damages calculation needs, please don't hesitate to contact us. We look forward to working with you and helping you achieve a fair and just outcome.


Services Provided

Our damages department provides a wide range of services including, but not limited too:


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Loss of earnings and loss of support:

Loss of earnings refers to the financial loss an individual experiences, due to their inability to work and earn because of an injury. Loss of support, on the other hand, is a form of compensation for dependents or family members of a deceased person who provided financial support to them.

Most of our calculations are a result of medical negligence, personal injury, wrongful dismissal, or motor vehicle accidents (MVAs) against the Road Accident Fund (RAF) where special consideration for the RAF cap is applied.

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Capitalization of future medical expenses benefits:

When the claimant is involved in a personal injury incident or a medical malpractice incident the claimant may be entitled to claim the future recommended medical treatment in order to place the claimant in a similar physiological position as if the incident had not occurred.


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Divorce maintenance:

Divorce is never an easy process, and often the best action is a clean break settling the future maintenance required rather than trying to claim maintenance each month for the remainder of your life. We make sure that your maintenance is quantified with respect to the Maintenance Act 99 of 1998.


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Deceased estate maintenance:

Finalising a loved one’s estate can often be complicated and in some cases can lead to disputes among family members. The actuary is here to assist from an unbiased perspective, applying the ruling as per The Maintenance of Surviving Spouse’s act, to ensure that the surviving spouse and her children are financially supported.


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Consulting:

We will consult on a wide variety of actuarial fields in order to help inform our clients understand complex actuarial concepts. These consults can be done in person or with the use of virtual technologies.



Contact Us


Email:

Queries: damages@zaqfinance.com

Phone:

Cape Town: +27 21 200 1456
+27 83 310 3983
Johannesburg: +27 10 590 3315

Address:

Unit 1.1, On the Greens Office Golf Village
De Beers Avenue, Somerset West, 7129