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Road Accident Fund

Government Administration

revenue-icon Revenue
101M - 500M
funding-icon Total Funding
--
size-icon Size
1001 - 5000

Frequently Asked Questions About Road Accident Fund

What does Road accident fund do?+

The Road Accident Fund is a social security Fund that provides compensation to all drivers of motor vehicles in South Africa in respect of liability incurred or damage caused as a result of a traffic collision. Liability incurred in relation to property damage (such as damage to vehicles, buildings, vehicle contents) is excluded from cover. The Road Accident Fund operates a system whereby the claimant is assigned a percentage of responsibility for the accident, and the Road Accident Fund pays the claimant a percentage of a full settlement based on a percentage that was not deemed to be their responsibility....

What is Road accident fund's industry? +

Road accident fund operates in the Government administration industry.

What is Road accident fund's revenue? +

Road accident fund's revenue is 101m - 500m

What is Road accident fund's company size? +

Road accident fund has 1001 - 5000 employees.

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