Income Replacement Benefits
Matson, Driscoll & Damico has extensive experience assisting insurers in calculating accurate Income Replacement Benefits as legislated under the Statutory Accident Benefits Schedule (SABS). Our services include:
- Calculation of income replacement benefit
- Calculation of interest owing on benefits
- Evaluation of eligibility
- Assessment of dependency — financial and care
- Timely reports
- Faster processing
- Up-to-date industry knowledge
Our clients receive timely and complete reports that meet the requirements of the insurer, often resulting in faster processing of payments to the insured.
Our experts stay up-to-date with ever-changing automobile legislation, and review recent arbitrations that could affect our independent assessment. Our experts understand the necessary documentation needed on a case-by-case basis. For example, the documentation for a self-employed individual differs from what is required for someone who is employed.
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