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The Israeli Compensation System in
Respect of Road Accidents
Ilan Kaner, Adv.
AIDA Motor Insurance Working Party Athens, May 2014
AIDAAIDA
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Israeli Motor Vehicle System - No FaultIsraeli Motor Vehicle System - No Fault
Under the Israeli Law – compensation to any injured
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Mandatory Insurance – Bodily InjuryMandatory Insurance – Bodily Injury
Insurance policy - mandatory
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Limited CompensationLimited Compensation
-Loss of income – three times the average wage
- Non-monetary damage – fixed amount
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Exclusive Cause of ActionExclusive Cause of Action
No claim under general Tort Law
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Regulated Mandatory InsuranceRegulated Mandatory Insurance
Policy wording – dictated by Regulator
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Highly Regulated FieldHighly Regulated Field
(a) Full compensation
(b) Terms of insurance set by the Regulator
(c) Insurer cannot consider age, number of passengers, etc.
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The POOLThe POOL
The POOL – for “unattractive” insureds
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Motor Vehicle Reform - 2006Motor Vehicle Reform - 2006
- High premium for 2-wheel vehicles
- Arrangement for allocation compensation between heavy and light vehicles
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Profitable Results For InsurersProfitable Results For Insurers
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““Karnit” Karnit”
Fund for indemnification of injured by non-insured / stolen vehicle or hit-and-run accidents
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Issues In DisputeIssues In Dispute
- What is a motor vehicle ?Electric bicycle? Electric buggy? Motorised mechanical engineering equipment?
- What is a road accident?
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Easy To Handle By PlaintiffEasy To Handle By Plaintiff
- No medical opinion required
- No need to prove liability
- Regulated limited lawyer’s fees
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Thank youThank you
Ilan Kaner, Adv.