National Gypsum asbestos trust: payment percentage and values
For each approved disease claim, the NGC Bodily Injury Trust (National Gypsum) pays 45% of the set amount.
- Value for mesothelioma
- $22,500
- Portion paid now
- 45%
- Amount a mesothelioma claim receives
- $10,125
What the National Gypsum trust pays on a claim
| Disease level | Set amount | Paid at 45% |
|---|---|---|
| Mesothelioma | $22,500 | $10,125 |
| Lung cancer | $3,750 | $1,688 |
| Other cancer (throat, stomach, colon) | $1,600 | $720 |
These fixed sums apply when the trust uses its faster review process. If a claim undergoes a detailed, individual review, the value may rise or fall.
Record of the National Gypsum trust
| Rate in effect since | January 19, 2023 |
|---|---|
| Status | Active, paying claims |
| Company behind it | National Gypsum Company |
| Net assets | $206.6 million, as of December 31, 2022 |
| Set up | 1993 |
| Bankruptcy case | No. 90-37213 |
| Court | U.S. Bankruptcy Court, Northern District of Texas |
| Claims handled by | Verus LLC |
| Other trusts' rates | Asbestos trust fund list |
| Trust website | The National Gypsum trust's own site |
Ask whether a claim fits the National Gypsum trust and the other trusts in the work history.
Items produced by National Gypsum Company
| Gold Bond Gypsum Board | Gold Bond Abestone |
| Gold Bond Sprayolite | All Purpose Joint Cement |
| Asbestos Cement Siding Shingles | Asbestone Roofing |
| Asbestos Jackets for Pipecovering | Asbestos-Faced Mineral Wool Insulation Board |
Proof that a person worked with or around these products is required for a claim.
The National Gypsum trust: steps for filing a claim
- Obtain a written diagnosis from a doctor, backed by an exam or pathology report.
- Collect documents showing the person worked around or with company products, like sales, construction, or employment records.
- Verus LLC handles claims for the National Gypsum trust, and a law firm files most claims online. Submit the claim using the trust's specific form and attach those records.
- File at the same time with other trusts in the work history, since each pays only part of a claim.
Other trusts covering joint compound and drywall
| Trust | Share paid today | Mesothelioma claim pays now |
|---|---|---|
| USG (United States Gypsum) | 10% | $15,500 |
| Bondex | 29.5% | $23,600 |
| Kaiser Gypsum | 62% | Valued case by case |
| ARTRA | 0.7% | $1,925 |
Sources: scheduled values from the trust's claim value page; products from mesothelioma.com; trust record via AsbestosTrusts.org (CC BY 4.0), updated monthly.