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Inside-Information Regarding Your Motor Vehicle Accident Insurance Claim
By Dan Baldyga
Payment Protection Insurance In today`s challenging work environment and due to the global economic downturn, there is a real concern for many people regarding the security of their job with the threat of being made redundant ever increasing. The biggest fear for many is that they may struggle meet mortgage payments or pay other financial commitments should they be made redundant. As people try to protect themselves against loss of income, they may opt for cover in the form of the controversial Payment Protection Insurance (PPI). Payment Protection Insurance is there to cover you should you fall ill, have an accident so you are unable to work or lose your job. Although this type of insurance can offer you the necessary cover you require there have been many instances where people have been mis-sold the insurance cover. This had lead to complications when trying to claim against the policy and has also left people paying far more for their policy than they should. Following this, it has recently been announced that people who believe they have been mis-sold Payment Protection Insurance (PPI) have now been given extra time to take their cases to the Financial Services Ombudsman. This specifically applies to people who have had a complaint rejected by the firm that sold them the loan, meaning they now have upto six months to take their complaint to the Ombudsman. At its peak, nearly 150 people a day registered official complaints regarding PPI with almost a third of the total number of complaints relating directly to controversial insurance payment product.
The following 8 are just ?The Tip Of The Iceberg?: #1. There are situations where you can collect for your ?Lost Wages? even if you were paid by your employer and/or collected ?Sick Leave? while unable to work. #2. You can collect money and be reimbursed for any and all ?Over The Counter? (non-prescription) medication you purchased during your recovery. #3. Under normal circumstances unless a claim ends up in court (several years after impact has taken place and you are fully recovered) you do not have to agree to be examined by the insurance company?s doctor. #4. There are many times that come to pass where you are entitled to collect the ?Gross Amount? of your lost wages, not the so-called ?Net After Taxes?. #5. If you?re a housewife, you can often recover for ?Lost Wages? (based on the ?Value? of a maid or a domestic servant, who would execute the same work) which you could not perform due to the injury. #6. You are entitled to extra compensation if you can prove you were forced to cancel a vacation and/or a special event. #7. Under certain circumstances you may be able to make a claim (and collect for) a personal injury even if your state is ?No-Fault? and you already have PIP (Personal Injury Protection) coverage. #8. Your friends, and even relatives, have the right to execute statements which you can send to adjusters (and/or anybody you feel should get one) going into detail as to what happened to your body and what they?ve observed you?ve had to deal with (via your ?Pain and Suffering?) during your period of recovery. These statements can often provide you with an even greater dollar value - - when it comes to the calculation and then the ultimate settlement of your personal injury claim! DISCLAIMER: The above article "INSIDE-INFORMATION REGARDING YOUR MOTOR VEHICLE ACCIDENT CLAIM" is to help people understand the motor vehicle accident claim process. Neither Dan Baldyga,nor ARTICLE CITY any guarantee of any kind whatsoever, NOR to they purport to engage in rendering any professional or legal service, substitute for a lawyer, an insurance adjuster, or claims consultant, or the like. Where such professional help is desired IT IS THE INDIVIDUAL?S RESPONSIBILITY to obtain it. Dan Baldyga`s third and latest book AUTO ACCIDENT PERSONAL INJURY INSURANCE CLAIM (How To Evaluate And Settle Your Loss) can be found on the internet at Copyright (c) 2004 By Daniel G. Baldyga. All Rights Reserved Dan Baldyga - Author
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