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Compensation for accidental death
30-Aug-2023 (In Insurance Law)
My parents aged 42 and 49 died in accident father aged 49 has 9L in ITR and mom 42 has 8L, what can the compensation be?
The compensation will be calculated as per the life expectancy period of the deceased from the date of his death and also based upon his income . For example 75 years is the age for life expectancy of a human and it will be calculated from the age of death of the victim also in consideration of the dependents
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Adv. Rajesh K.S
Bangalore | 500+ Answers
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