Insurance
Key things to know about personal injury claims
Financial compensation for damage to one’s belongings and property is fairly common. But personal injuries are just as important and also need compensation. When a person is injured for no fault of theirs, they can claim reimbursements through personal injury protection (PIP). Physical, mental, and emotional injuries can be claimed under PIP. It is an insurance policy offering financial reimbursement for such injuries. Here’s everything one needs to know about personal injury claims: What does personal injury protection cover? Treatment expenses after a car accident If a person is injured in a car accident, the PIP pays for treatment costs. The claim applies to affected drivers, pedestrians, and passengers. Also, the injured ones are compensated without the need to prove themselves innocent. Loss of income Those who have suffered loss of income due to external factors, such as an economic crisis or the business closing down, can claim financial compensation under PIP. In these cases, they receive compensation equivalent to their earlier income. Replacement services in case of accidents An accident may incapacitate a person, due to which they may not be able to fulfill certain personal responsibilities. Those covered by PIP can claim financial compensation for these activities, including child care and home cleaning.
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