Welcome to the
Rock Wool Mfg Company Asbestos Trust Main Page. The purpose of our site is
threefold:
- To provide information on the
Trust's mission concerning asbestos personal injury claims
and asbestos property damage claims.
The basis of these claims must result from exposure to
asbestos related products manufactured by the Rock Wool
Manufacturing Company.
- To provide information to
assist our claimants and other interested parties understand
who we are and how we resolve claims.
- To provide the
tools and resources to file claims.
To assist you in the steps necessary to file
asbestos personal injury claims, we are providing two separate instruction trails. One is for Individuals
filing a claim, and the other is for Law Firms filing group claims.
** BACKGROUND & HISTORY OF THE TRUST **
To better understand the Trusts mission concerning
asbestos personal injury claims we have included information on the Background and
History of the Rock Wool Manufacturing Company Asbestos Trust, when and why it was started.
You may review this information at the following page:
Background & History of the Trust
** ASBESTOS PERSONAL INJURY CLAIMS **
** CLAIMS FILING & PAYMENT **
-
Claims Filing Open Period
** Begin on February 18, 2002 @ 1:00AM
** End on April 24, 2002 @ 1:00AM
- Claims
will be processed in the time order of receipt.
- There will be separate
processing and payment procedures for the "Individual Claims"
class and "Group Claims" class.
-
Each payment class will receive a
prorated total payment amount which will be based on the total
number of claims received in the two classes.
For Example:
Individual Claims
60,000 Claims (60% Total)
Group Claims
40,000 Claims (40% Total)
Total Claims 100,000 Claims (100% Total)
- Claims payment will be made to
the extent funds are available for payment and will be paid at:
100% payment
value for a Web processed claim
80%
payment value for a Telephone processed claim
- It is expectedIt is expected not all claims will be paid in the
open period cycle due to an anticipated large claims response. Claimants may
check Web Site for status of their claims.
- Approved claims not paid in this open period due to
unavailability of funds will be retained in the Trust database and will be
considered for payment in the next open period which is anticipated to be in the
year 2004.
- Claims payment checks will be mailed 120 days after
the end of the claims open period.
- Checks which are not cashed
within 120 days after issuance will be voided and the claim cash
value will be donated by the Trust to the American Lung
Association for research in lung disease.
NOTICE:
This website is provided at this
time for informational purposes only. A formal announcement will be published
when the website and the Interactive Voice Response System will be activated to
accept claims.
No claim submission will be
accepted until the formally announced start date.
** ASBESTOS PERSONAL INJURY CLAIMS **
Select One
Individual Claims
Group Claims
** ASBESTOS PROPERTY
DAMAGE CLAIMS *
Information on submission of Asbestos Property Damage Claims may be obtained by
contacting the Trust Counsel for additional information:
TrustCounsel@resasb.org
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