What is the "Ontario Special Risk Accident Fund" designed for?

What is the "Ontario Special Risk Accident Fund" designed for?

• A. A fund to provide accident benefits to individuals injured in accidents without insurance
• B. A source of funding for road safety programs
• C. A government fund for vehicle repairs
• D. A financial support service for insurance companies

Answer: (A)

The Ontario Special Risk Accident Fund is specifically designed to provide accident benefits to individuals who have been injured in motor vehicle accidents and do not have insurance coverage. This fund serves as a safety net, ensuring that those who find themselves in such unfortunate circumstances can still receive necessary medical and rehabilitation benefits despite lacking their own insurance policy. This is crucial in promoting the welfare of injured individuals and addressing the gap in coverage for those who may be uninsured due to various reasons. The existence of this fund reflects Ontario's commitment to upholding public safety and support, particularly for vulnerable individuals who might otherwise face significant financial hardships following an accident.

The Ontario Special Risk Accident Fund is specifically designed to provide accident benefits to individuals who have been injured in motor vehicle accidents and do not have insurance coverage. This fund serves as a safety net, ensuring that those who find themselves in such unfortunate circumstances can still receive necessary medical and rehabilitation benefits despite lacking their own insurance policy. This is crucial in promoting the welfare of injured individuals and addressing the gap in coverage for those who may be uninsured due to various reasons. The existence of this fund reflects Ontario's commitment to upholding public safety and support, particularly for vulnerable individuals who might otherwise face significant financial hardships following an accident.