Being involved or knowing someone who has been involved in a motor vehicle accident can be a life changing experience. For many injured parties in accidents, they may file short or long – term disability claims with their insurance provider, to assure both they and their families are taken care of. As personal injury lawyers, we answer a lot of questions pertaining to disability claims from our clients. One question we’ll be answering today, is how your salary may be affected depending on the type of claim you file.

When you or a loved has sustained injury or damages to your vehicle in a car accident, under Ontario Law, you can file for no-fault benefits from your insurance provider. As the name suggests, no – fault insurance benefits are paid to both the victim and defendant in an accident by their own insurance providers. The goal of no – fault accident benefits, is to cover the initial damages you sustained in your accident. Within these benefits is compensation called income replacement benefits. This article will be used to talk about income replacement benefits and how they can affect your salary when applying for long – term disability.

Under income replacement benefits, the insurance company has to replace up to 80 percent of your salary while you recover from your injuries. In most cases, 80 percent is equal to $400/week, but with the new auto insurance benefits reforms, you can change your plan to receive anywhere from $400 to $1000 in income replacement benefits. Now, what is important to understand, is that the amount of income you wish to receive from the insurance company also depends on the type of claim you are filing with your insurance company.

For instance, a short-term disability claim, may only allow for a small amount of salary to be covered by the insurance company, as your work will need to also cover your salary while you recover. You may have to show the insurance company and courts, that you have taken all sick days and vacation time to deal with your injuries, before filing your short – term disability claim for more income.

On the contrary, if you file a long – term disability claim, the insurance company needs to receive a full explanation of how your salary was broken down before the time of your accident. In other words, if you worked in an industry where you were paid bonuses or on commission, the insurance company needs to be made aware of this by your employer. For the reason that salary is a major issue in long – term disability claims, what tends to happen, is that the employer will talk about a base salary he or she provides their employees but not the aforementioned commission or bonuses. Meaning to say, if the insurance company has no idea about your bonuses or commission then you could receive a much lower amount of coverage for your long – term disability claim. Therefore, making sure your employer knows about how much detail they need to provide your insurance company is really important.

Searching for the best car accident lawyers Toronto legal team? Then be sure to visit Personal Injury Lawyers In Toronto and find out how these expert injury and car accident lawyers will fight to make sure your claim is significant and what you are fully entitled too.

Searching for the best car accident lawyers Toronto legal team? Then be sure to visit Personal Injury Lawyers in Toronto and find out how these expert injury and car accident lawyers will fight to make sure your claim what you are fully entitled too.
http://www.personalinjurylawyersintoronto.ca

Author Bio: Searching for the best car accident lawyers Toronto legal team? Then be sure to visit Personal Injury Lawyers In Toronto and find out how these expert injury and car accident lawyers will fight to make sure your claim is significant and what you are fully entitled too.

Category: Legal
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