How Much Is Road Accident Fund In south Africa

What is Road Accident?

A traffic collision, also called a motor vehicle collision, car accident or car crash, occurs when a vehicle collides with another vehicle, pedestrian, animal, road debris, or other stationary obstruction, such as a tree, pole or building. 

How much does the Road Accident Fund payout?

RAF annual report: claim payouts

The RAF’s 2019/2020 annual report sheds light on recent RAF payouts. According to the report, the average claim value increased by 21% in the 2019/2020 financial year, compared to the previous year. Total claims received by the RAF increased by 3%, to R43. 2 billion.

How much does Road Accident Fund pay for death in South Africa?

The value that can be claimed is capped based on a value set in 2008 (R160,000), adjusted quarterly for inflation. The latest statutory limit on loss of support claims is published in a government gazette and may be announced on the RAF media centre.

Can a driver claim Road Accident Fund?

Drivers, passengers, pedestrians, cyclists and motorcyclists can all claim from the Road Accident Fund, as long as they were not entirely responsible for the accident.

Who qualifies for RAF claim in South Africa?

The RAF provides cover for those who have been injured or the dependants of those who have been killed in a road accident. Individuals will be provided with cover for any general damage, serious injuries, or death. The RAF applies to cyclists, motorcyclists, vehicle drivers, passengers, and pedestrians.