62 of 90 In Ontario, a claimant under O.A.P. 1 Owner's Policy Accident Benefits coverage may be entitled to Income Replacement Benefits. The amount of this benefit will be reduced by collateral payment for Loss of Income which the claimant receives or is eligible to receive. Indicate which one (1) of the following is considered to be a collateral payment under the Statutory Accident Benefits Schedule (SABS). Payments under a sick leave plan available to the claimant but that are not being received. Benefits under the Employment Insurance Act (Canada).
62 of 90 In Ontario, a claimant under O.A.P. 1 Owner's Policy Accident Benefits coverage may be entitled to Income Replacement Benefits. The amount of this benefit will be reduced by collateral payment for Loss of Income which the claimant receives or is eligible to receive. Indicate which one (1) of the following is considered to be a collateral payment under the Statutory Accident Benefits Schedule (SABS). Payments under a sick leave plan available to the claimant but that are not being received. Benefits under the Employment Insurance Act (Canada).
Chapter1: Making Economics Decisions
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Transcribed Image Text:Payments under a sick leave plan available to the claimant but that are not being
received.
Benefits under the Employment Insurance Act (Canada).
Net weekly payments being received under any Income Continuation Plan.
Worker's Compensation Benefits not being received tause the claimant has
elected under the law to bring an action.
Transcribed Image Text:62 of 90
In Ontario, a claimant under O.A.P. 1 Owner's Policy Accident
Benefits coverage may be entitled to Income Replacement
Benefits. The amount of this benefit will be reduced by
collateral payment for Loss of Income which the claimant
receives or is eligible to receive. Indicate which one (1) of the
following is considered to be a collateral payment under the
Statutory Accident Benefits Schedule (SABS).
Payments under a sick leave plan available to the claimant but that are not being
received.
Benefits under the Employment Insurance Act (Canada).
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