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Another standard accident benefit in an Ontario automobile policy is death and funeral benefits. In the event that you pass away due to a motor vehicle accident, the following will be paid out: $25 000 to your spouse. $10 000 to each of your dependents. A maximum amount of $6000 for funeral cover.
Nov 2, 2022 · In Ontario, a serious injury because of a car/vehicle accident triggers “ no fault ” accident benefits (AB), under the Insurance Act’s Statutory Accident Benefits Schedule (SABS). During your recovery, your insurance company is expected to pay for your necessary treatment and other benefits. They will look to settle your claim in order to ...
Jul 7, 2024 · What you can expect in terms of amounts for no-fault accident benefits within the scope of car accident settlements are as follows: $3,500 for a minor injury sustained in an auto accident. Up to $65,000 for non-catastrophic injuries sustained in an automobile accident. Up to $1,000,000 for more severe injuries and catastrophic impairments ...
Call 1-800-JUSTICE to learn more. You can settle your accident benefits claim, typically after a year. However, these settlements can preclude you from seeking additional compensation if your injuries worsen. A free consultation with a lawyer can help you understand if a settlement is right for you.
What to do if the other driver involved has no insurance. If any other vehicle in the accident was uninsured, you can make a claim under the mandatory Uninsured Motorist Coverage of your policy. Coverage is up to $25,000, less the first $300. You must be able to identify the owner or driver of the other vehicle to qualify.
Dec 14, 2023 · When filing a claim for accident benefits in Ontario, it is important to consider hiring legal representation. Having a lawyer on your side can greatly increase your chances of receiving the maximum benefits you deserve. Accident benefit claims can be complex and navigating through the legal process can be overwhelming for most individuals.
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Nov 2, 2020 · Death And Funeral Benefits. In the event that you pass away as a result of an accident, the following will be paid out : $25,000 to your spouse. $10,000 to each of your dependents. A maximum of $6,000 for funeral expenses. $10,000 to former spouses if the person had financial obligations to them. You have the option to increase limits up to ...
