An interim payment is a payment made to you before your compensation claim is settled.
Compensation claims can take months or even years to reach a settlement. During this time, you may be unable to work of a period of time. You may also face additional expenses such as treatment costs, or for the cost of a carer.
If liability is not disputed by the defendant, it may be possible for your solicitor to negotiate interim payments on your behalf, to cover expenses such as treatment costs, mortgage payments and other living expenses.
Gaynor Haliday, Legal researcher
About the author
Gaynor Haliday is an experienced legal researcher and published author. She has had numerous articles published in the press and is a legal industry commentator.