According to recent reports, the Michigan Department of Insurance has recently
changed the maximum amount of survivors’ loss and work loss benefits
that an individual injured in a
vehicle accident can obtain in a 30-day period. From October 1 of this year through September
30, 2017, the maximum survivors’ loss benefit and work loss benefit
that is payable within a 30-day period is $5,452.00. Prior to the change,
the maximum benefit was $5,398.00.
These personal protection insurance (PIP) survivors’ loss and wage
loss benefits change every year to reflect the cost of living. According
to the Michigan Insurance Code, the director of the Department of Insurance
is required to adjust the benefit annually. Each year, adjustments are
made effective on October 1 and apply to benefits which arise due to car
accidents that occur after the date of adjustment.
What are Survivors’ Loss Benefits?
Under MCL 500.3108, in the event that car accident occurs and a person
suffers fatal injuries, the dependents of that person can recover no-fault
survivor benefits. Under MCL 500.3107(1)(a), dependents can recover burial
and funeral expenses.
What are Work Loss Benefits?
Under MCL 500.3107(1)(a), if an individual is unable to work due to a car
accident, no-fault work loss benefits may be payable for up to three years.
Injured in an Accident? Goodman Acker P.C. Can Protect Your Future
If you have suffered serious injuries or the loss of a loved one due to
an auto accident, we urge you to get in touch with
our Detroit car accident lawyers at Goodman Acker P.C. right away. We can examine the details of your case
and determine which legal strategies can best safeguard your future. We
will explore every avenue to pursue the compensation and benefits you
deserve in the shortest amount of time possible.
Do not wait to get the help you need.
Call our Detroit car accident attorneys today.