OLT-Breakroom: PIP Death Benefit

Just wanted to clarify if we have expended 8000 of medical bills and the insured dies, the 5000 is in addition to the total amount making the pay out 13000 in total?

Re: PIP Death Benefit

by Jan Bradburn- - Tuesday, 28 July 2015, 11:42 AM

Shawn,

you are correct. The $5000 death benefit is in addition to the $10,000 PIP limit for medical, lost wages and replacement costs. In your example, the payout would be $13,000.

Jan

Re: PIP Death Benefit

by Shawn-Michael Manniel - Tuesday, 28 July 2015, 11:44 AM

Thank you Jan

Re: PIP Death Benefit

by Yadelin Luque - Thursday, 30 July 2015, 6:50 AM

Don't forget that pip pays 80%. But yes the 5000 is additional to the 10,000 max