Compensation Law

Compensation Law is a branch of law encompassing legal regulations applied to remedy material or moral damages suffered by individuals. This branch of law determines the responsibility of the perpetrator and provides the necessary legal avenues for the compensation of losses suffered by the injured party. Compensation Law covers a wide range of different types of damages, including those resulting from traffic accidents, workplace accidents, medical malpractice, breaches of contract, and torts.

The primary aim of Compensation Law is to remedy the damage suffered by the injured party and restore them as close as possible to their pre-injury state. In this context, compensation claims are generally divided into two categories: material compensation (e.g., direct economic losses such as medical expenses and loss of earning capacity) and moral compensation (e.g., compensation paid for pain and suffering). Compensation Law also functions to prevent torts and similar damages from recurring. This area of ​​law places great emphasis on the protection of the victim and the achievement of justice.

In compensation cases, factors such as the degree of fault of the perpetrator, the extent of the damage, and the causal link in the occurrence of the damage are carefully evaluated. Compensation law, which is also closely related to insurance law, regulates the compensation of damages through insurance policies. In this context, insurance companies are generally parties in compensation cases, and compensation payments are made according to the policy.

Compensation law plays a vital role in protecting the rights of individuals and institutions and ensuring the continuation of social order. In modern legal systems, this branch of law, which aims to remedy the grievances of those who have suffered damage, is also one of the cornerstones of the rule of law principle.