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Look for cover before life blindsides you

I took the subject for this blog from a new billboard for Liberty, and it is an appropriate one, particularly when one looks at the Road Accident Fund legislation and how little cover one receives now. I wonder how many people out there fully appreciate that if they are killed in an accident tomorrow, the maximum their dependants will be able to claim, in terms of loss of support, is about R18 000,00 a month and the same limit applies to what they can claim if they are serious incapacitated and can never work again. 

I appreciate that probably 95% of the population earns less than that, but the 5% that do earn more than that and pay the vast majority of taxes in our country, need to appreciate that they need to get proper and adequate cover in the event that they are injured in an accident, or worse, killed, because with the law changes, they can no longer rely on the Road Accident Fund. There are of course plenty articles about the Road Accident Fund on my firm’s site – www.accidentclaim.co.za 
 

Posted by Michael de Broglio on Friday 28-Jan-11 Share on Facebook   Tweet It

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Johannesburg based attorney specializing in personal injury matters including Road Accident Fund claims and medical negligence matters. My interests include golf, reading and the internet and the way it is constantly developing. I have a passion for life and a desire for less stress!
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Loss of support R5,144,000.00

 


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