If you or someone in your family is hurt in an auto accident, can you afford to pay for medical care, or be without
an income during recovery?
Your Himelfarb Proszanski Boating Accident Lawyer and our team of legal and non-legal professionals will investigate and document everything surrounding the accident to lay the basis for your claims for full medical benefits and financial compensation including, but not limited to, loss of
income during your recovery period however long it might be.
However, OHIP does not cover costs such as drugs, long - term expenses, or loss of
income during your recovery time.
Examples of damages you may incur include medical expenses, lost
income during your recovery, lost future wages due to disability, emotional distress, pain and suffering, vehicle repair or replacement, and diminished quality of life.
Not exact matches
If you become disabled and can no longer work, not only does
income slow (or stop altogether), but expenses may increase due to medical treatments and family needs
during your
recovery period.
These medical expenses are often accompanied by other financial losses, including lost
income from missed work
during recovery, loss of earning potential if a disabling injury renders a person unable to work, loss of benefits, and more.
The total cost for your medical expenses will be well over $ 45,000.00 which does not even include the amount of
income you will lose for missing work
during surgery and
recovery.
International Long Term Disability (LTD) insurance provides
income to a person who becomes disabled, to assist in covering those living expenses
during a period of treatment and
recovery.
Moreover, there are some other costs as well like Travel Expenses for second opinion and treatment, rehab, nursing at home and counselling costs post treatment, loss of
income during the treatment and
recovery period etc..
Worries because flow of
income would stop
during treatment and
recovery, so opting for critical illness insurance may seem like a wise thing to do.
Equally important is the provision that you make for the loss of
income and financial drain that you suffer
during the
recovery period.
Being absent from work
during recovery or in worst case forced to quit working will definitely impact your
income and coping up with the high medical expenses will wash out your savings.
During the recovery of the Great Recession, income inequality in the United States accelerated, with 91 % of the gains going to the top 1 % of families.19 Left out of the recovery were African American families who, during the downturn, lost an average of 35 % of their accumulated wealth.20 African American unemployment increased, home ownership decreased, and child poverty deepened to approximately 46 % of children younger than 6 years.21 Because social mobility is lowest for people in the lowest income quartile, half of African American children who are poor as young children will remain poor as adults, approximately twice as many as white adults similarly exposed to poverty as child
During the
recovery of the Great Recession,
income inequality in the United States accelerated, with 91 % of the gains going to the top 1 % of families.19 Left out of the
recovery were African American families who,
during the downturn, lost an average of 35 % of their accumulated wealth.20 African American unemployment increased, home ownership decreased, and child poverty deepened to approximately 46 % of children younger than 6 years.21 Because social mobility is lowest for people in the lowest income quartile, half of African American children who are poor as young children will remain poor as adults, approximately twice as many as white adults similarly exposed to poverty as child
during the downturn, lost an average of 35 % of their accumulated wealth.20 African American unemployment increased, home ownership decreased, and child poverty deepened to approximately 46 % of children younger than 6 years.21 Because social mobility is lowest for people in the lowest
income quartile, half of African American children who are poor as young children will remain poor as adults, approximately twice as many as white adults similarly exposed to poverty as children.22