What can be claimed from the Road Accident Fund?
What can be claimed from the Road Accident Fund?
What you can claim from the Road Accident Fund. The Road Accident Fund provides compensation for: medical expenses that result from a motor vehicle accident. funeral expenses in the case of a death caused by an accident.
How long does it take for Road Accident Fund to pay out in South Africa?
The capital (settlement amount) usually takes 180 days, from the court date to recover from the Road Accident Fund. In terms of our fee agreement, all fees and disbursements are deducted from the first available funds and the difference is paid to the client as a first payment.
Who qualifies for Road Accident Fund in South Africa?
The Road Accident Fund (RAF) provides compulsory cover to all users of South African roads, citizens and foreigners, against injuries sustained or death arising from accidents involving motor vehicles within the borders of South Africa.
How long after an accident can you claim in South Africa?
You must claim within 3 years of the date of the accident if you know who caused the accident. If you don’t know who the driver or owner of the vehicle was that caused the accident, you need to claim within 2 years.
What kind of injuries does RAF pay for?
The RAF is obliged to compensate any person for any loss or damage which that person suffered as a result of a bodily injury to himself or from the death or bodily injury to any other person, caused by or arising from the driving of a motor vehicle, if the injury or death was caused by the negligence or other wrongful …
How much can you claim from RAF?
You can claim for loss of income due to your injury, currently up to a limit of R297,877. This value is adjusted periodically for inflation. You can claim general damages for pain and suffering from the RAF if you sustained a serious injury (as determined by legally defined criteria).
Can I Claim Road Accident Fund after 5 years?
A claim must be lodged by the claimant within three years from the date of the accident or from the date on which the claim arose. This does not apply to a claim by a child under the age of 18 years old.
How much does the Road Accident Fund payout?
RAF annual report: claim payouts The RAF’s 2019/2020 annual report sheds light on recent RAF payouts. According to the report, the average claim value increased by 21% in the 2019/2020 financial year, compared to the previous year. Total claims received by the RAF increased by 3%, to R43. 2 billion.
Does RAF pay for non serious injuries?
For non-serious injuries, RAF claims can be made for medical expenses (past and future) and loss of earnings – or loss of support in the case of the death of a breadwinner. However, compensation associated with these injuries is not awarded for general damages (pain and suffering).
How much does RAF pay for accident?
According to the RAF’s annual report for 2020, the average value paid out per claim was R138,010. R826,007 was the average pay-out for loss of earnings. R482,291 was the average pay-out for general damages.