The purposes of this chapter are to fully and fairly compensate injured parties as well as to: (1) Alleviate some of the practical problems incident to unpredictability of large future losses; (2) Effectuate more precise awards of damages for actual losses; (3) Pay damages as the trier of fact finds the losses will accrue; and (4) Assure that payments of damages more nearly serve the purposes for which they are awarded. Source: SL 1986, ch 163 , § 15, as added by SL 1988, ch 181 , § 1.