Accident Benefits is a robust package of benefits and coverages. The Accident Benefits package, as it exists today, came into effect on September 1, 2010 and was introduced to give Ontario drivers more control over their car insurance coverage and premiums.
Caregiver benefits
Caregiver benefits provides $250 per week for one dependant, plus $50 per week for each additional dependant. Caregiver benefits are available to only those with catastrophic injuries.
Death and Funeral benefits
If you die, the standard amount paid is $25,000 to your eligible spouse, $10,000 for each dependant, and a maximum of $6,000 for funeral expenses.
Indexation
This is optional benefit, if taken, will annually adjust the amounts available when eligible to receive income replacement, non-earner, caregiver, attendant care and medical and rehabilitation benefits.
The information contained within this article is subject to change. Always speak with your current insurance supplier, or a licensed insurance representative, to answer your specific questions. The information collected and compiled here is intended to simply act as a guide.
Our articles and content cannot be reproduced or republished in any form whatsoever without prior written consent from Kanetix Ltd. Publication of our content is encouraged through our free: Content Publisher Programs. You are free to use our RSS feeds as long as the included links to our site remain active and the content is unaltered in any way. Click here to select the RSS feed(s) you wish to use.
Five bad driving traits that could cost you
How we choose to behave while driving could have serious consequences, perhaps a ticket or worse, an accident. Avoid these bad driving habits and be a safer driver.
to view saved quotes
Insurance Quotes
More
Print
