What documents are needed for road accident compensation claim?
What documents are required to receive compensation for a road accident? How much compensation will be awarded, how long will the process take, and in whose account will the money be deposited?
Dear Client, The required documents primarily include – the Policy document, proof of damage, registration certificate of the vehicle and copy of driver’s license. But the requirements vary depending upon the conditions of the insurer. On a general note, it takes about 6-18 months for a claim of this nature to get settled. The quantum of the claim depends on the nature of the policy and the damages suffered. This money is typically credited to the account of the beneficiary. I hope this answer helps. In case of future queries, please feel free to contact us. Thank you.
To claim road accident compensation, you need an FIR copy, medical reports, hospital bills, proof of identity, and a death certificate (in fatal cases). The compensation amount depends on injury severity, age, income, and dependency. It usually takes 6 months to 1 year through the Motor Accident Claims Tribunal (MACT). The amount is deposited into the victim’s or legal heir’s bank account. For further legal assistance contact us on our helpline number.
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