Insurance Yukon Territory

Insurance In Yukon Territory

Car insurance in the Yukon territory is sold by private companies.

Compulsory minimum third-party liability:

$200,000 is available for any one accident; however, if a claim involving both bodily injury and property damage reaches this figure, payment for property damage will be capped at $10,000

Medical payments:

 $10,000/person, including rehabilitation, excluding health insurance and other medical plans; time limit is two years

Funeral expense benefits:

$2,000

Disability income benefits:

 80% gross wages; maximum $300/week; 104 weeks temporary or total disability; nothing is payable for the first 7 days of disability; unpaid housekeeper $100/week, maximum 26 weeks

Death benefits:

Death anytime; death of head of household $10,000, plus $2,000 to each dependent survivor other than the first, and 1% of total principal sum to each dependant/survivor, for 104 weeks; death of spouse $10,000; death of dependent relative according to age, maximum $3,000

Impairment benefits:

N/A

Right to sue for pain and suffering?

Yes

Right to sue for economic loss in excess of no-fault benefits?

Yes

Administration:

Private insurers

Notes:

None