Bondex asbestos trust: payment percentage and values

The Bondex (Specialty Products Holding Corp.) For every disease on an approved claim, the trust pays 29.5% of the set amount assigned to it.

What the Bondex trust pays on claims

Disease level	Set amount	Paid at 29.5%
Mesothelioma	$80,000	$23,600
Lung cancer	$33,333	$9,833
Other cancer (throat, stomach, colon)	$6,667	$1,967
Severe asbestosis	$16,667	$4,917
Asbestosis or pleural disease (higher level)	$2,500	$738
Asbestosis or pleural disease (lower level)	$800	$236

These fixed sums apply when the trust uses its quicker review. If a claim gets a closer, individual review, the value may be higher or lower.

Status	Active, paying claims
Company behind it	Bondex International (Specialty Products Holding Corp.)
Net assets	$630.0 million, as of December 31, 2022
Set up	2013
Bankruptcy case	No. 10-11779
Court	U.S. Bankruptcy Court, District of Delaware
Claims handled by	Verus LLC
Other trusts' rates	Asbestos trust fund list
Trust website	The Bondex trust's own site

Ask whether a claim fits the Bondex trust and the other trusts in the work history.

Dramex Interior Finish	Bondex All Purpose Joint Cement
Bondex All Purpose Joint Compound	Bondex Ready Mixed Joint Cement
Reardon's SX Joint Cement	Reardon's SX Topping Cement
Bondex Handy Patch	Bondex Multi-Patch

You must prove the person worked near or with these items to file a claim.

Get a written diagnosis from a doctor, backed by an exam or pathology report.
Gather records showing the person worked with or around company products, like employment, construction, or sales records.
Verus LLC handles claims for the Bondex trust, and law firms usually file them online. Send the claim on the trust's own form, attaching those records.
Each trust pays just part of a claim, so file with the other trusts in your work history at the same time.

Data comes from: scheduled values at cpf-inc.com; products at simmonsfirm.com; trust record at AsbestosTrusts.org (CC BY 4.0), updated monthly.