Will my personal injury settlement have any impact on my AISH benefits?

Navigating the recovery process after being injured in an accident can be daunting on its own, and you may have additional considerations if you are also receiving AISH benefits. It is important to know and consider how a personal injury pay out can affect your financial situation if you are receiving AISH.

What are the eligibility requirements for AISH?

Assured income for the Severely Handicapped (AISH), is a government program which provides financial as well as health benefits to those with permanent medical conditions, if the medical conditions prevent someone from being able to support themselves.

There are certain eligibility criteria in order to qualify and continue to receive AISH. Typically, your eligibility is determined based on you and your spouse’s income, as well as any assets that you may have. The total value of your assets cannot exceed $100,000.

Certain forms of income and assets are considered exempt when considering eligibility. These exemptions include but are not limited to income tax refunds, or disability savings plan (RDSP) payments.  Other forms of income and assets, however are considered non exempt. A settlement can be an asset which is considered non-exempt, and is counted when it comes to eligibility.

Temporary Asset Exemption

You have 365 days to invest money that is not considered income into an exempted asset, otherwise, the money will be considered non exempt. An option for a client who is receiving AISH and receives a personal injury settlement would be looking into a structured settlement. A structured settlement is when the settlement is paid out regularly, over a period of time. Typically, the payments are once a month.  A structured settlement may be a good option because it is exempt by AISH. Another option could be investing the money into a trust or a Registered Disability Savings Plan, or another exempt asset.

What should I do if I receive a settlement for my personal injuries?

You remain responsible for reporting any changes to your financial or medical situation. If you receive a settlement, it is important to report your settlement to your AISH caseworker. Your settlement pay out may impact your eligibility for AISH, and your caseworker is also typically in the best position to be able to determine this for you.

What happens to my existing personal injury claim if I get into another car accident?

After being injured in a car accident, a lawyer can help guide you through the process of putting forward a claim to compensate you for the injuries you sustained in that accident. But what happens if you get into another accident before you are able to settle the claim for your first accident? This blog will look at the options that you have if you find yourself in this common situation.

What should I do if I am in a second accident?

If you are in a second accident while you still have an existing claim open for a first accident, the steps taken immediately following the accident will be no different than your first accident. You can read about the steps to take in our FAQ here.

However, one additional step will be contacting your personal injury lawyer as soon as possible to discuss how this new accident can impact your existing claim. Depending on the circumstances of your case, your lawyer may recommend looking at proceeding with a “global settlement” for your claims.

What is a global settlement?

A global settlement involves settling more than one claim at the same time. Although you will need to file a separate lawsuit for each accident you are involved in, and potentially deal with different insurance companies for each accident, with a global settlement, each of these claims would be dealt with at the same time and settled together.

Should I settle my accident claims together or separately?

There are a couple of factors to be considered in determining whether to settle your car accident claims together as part of a global settlement, or separately as individual claims. Some of these factors include:

  • The time between the accidents
  • The status of your existing injuries from earlier accidents at the time of the later accidents
  • Whether any new injuries were sustained in the later accidents

A personal injury lawyer will be able to look at the facts of your specific case to determine the best course of action for settling your claims, to make sure that you are being fully compensated for all of your injuries.