Compensation funds: their nature, function and legality University of Antwerp
Compensation funds provide compensation to victim of accidents regardless of whether their damage is the result of anyone else's fault. They are created because of perceived gaps of cover in or shortfalls in the compensation offered by the three other, traditional sources of compensation, i.e. tort law, private insurance and social security. It is hard not to see the many advantages of compensation funds: they offer compensation to victims who ...