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A Layman's Guide to ICBC Part 7 Benefits
Part 7 Benefits - Death:
In the event of a death resulting from an accident, even a death
which occurs some time after an accident, Part 7 provides for payment
of benefits.
Regulation 91 provides for the payment of funeral expenses up to
a maximum of $2,500 where a death occurs as a result of an accident.
Regulations 92-95 provide additional death benefits to the surviving
family members where a parent is killed. The amount of these benefits
depends on whether the person killed was the “head of household”
or the “spouse in household” as defined in Regulation
92. There are also modest benefits payable to the surviving parent
for the death of a child.
For example, if the head of the household dies leaving a spouse
and 2 young children, the spouse would receive a lump sum of $5,000
plus $145/week for 104 weeks for a total of $15,080. Each of the
children would receive a lump sum of $1,000 plus $35/week for 104
weeks for a total of $4,640 each. Any money payable to a child is
paid to the Public Guardian and Trustee. It is common for ICBC to
pay out the weekly payment rather than pay them over the 104 weeks.
In the event of a death, the family is usually entitled to CPP
death benefits; a copy of the current CPP death benefit application
form is set out at Tab D. |