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
Section: Chapter Questions
Problem 1QTC
Related questions
Question
Pls help ASAP on both

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).
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 4 steps

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you


Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON

Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON


Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON

Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON

Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning

Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning

Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education