April 27, 2015

What should I expect to receive in Income Replacement Benefits?

If you are employed and have no benefits through a private insurance policy, your own insurance company is obligated to pay you income replacement benefits for any time you are unable to work because of impairments from injuries sustained in a car crash. As a general rule, if your accident occurred on or after September 1, 2010, the income replacement benefit is 70% of your gross income earned before the accident, less statutory deductions, to a maximum of $400 per week. If you have purchased additional benefits, the maximum may be increased to $600, $800 or $1,000 per week. Your gross income can be calculated on average weekly income earned in the 52 weeks or 4 weeks before the crash, whichever is greater. Benefits are not available for the first seven days following the injury.

If you have any additional questions, please feel free to contact us.