Accident Victim

Lump-Sum for the Loss of an Academic Year or Term

A lump-sum indemnity is payable to students who lose a school year or academic term because of injuries sustained in an automobile accident. It is paid at the end of the lost school year or semester, and ceases on the date studies under way at the time of the accident were scheduled to end, or the end of the school year when the accident victim turns sixteen, as the case may be.