Reduced Benefits for Accident Victims is Causing Financial Hardship: PQT Law Personal Injury Lawyer
| PR Web |
Recent changes to Ontario’s insurance law regime are having devastating consequences for many victims of accidents, according to
The legislative changes to Ontario’s Statutory Accident Benefits Schedule (SABS) have increased the number of claims based in negligence made against insurance brokers. At the same time, these changes have seriously reduced the benefits available to victims of motor vehicle accidents. This is making it more important than ever that injured parties choose the right personal injury lawyer to ensure that they receive as much compensation as the law permits.
Prior to the legislative change, insured motorists were entitled to receive standard benefits through their basic motor vehicle insurance policy such as a weekly house-keeping benefit in the amount of up to
The modifications to the SABS have not only resulted in greater financial prejudice against injured accident victims, they have also resulted in an increase in negligence based claims against insurance brokers. After
According to
The optional benefits your insurance company must offer are: increased income replacement; caregiver and increased caregiver and dependent; house-keeping; increased medical, rehabilitation and attendant care; increased death and funeral; and an indexation benefit.
Victims of car accidents usually find themselves in a vulnerable and precarious situation. Most often, the injuries they sustain do not permit them to return to work immediately. They suffer an inability to perform their important activities of daily living such as caring for themselves or their dependents. Accident benefits were initially legislated to ensure victims were not financially prejudiced by their injuries. On top of the SABS changes, the negligence of some insurance brokers as it relates to their obligation to inform and offer optional benefits simply compounds the problems which car accident victims face. According to
For more information, contact
About PQT Law
PQT Law is a leading
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