This article demonstrates the size of the budget gap that arises in a household after the death of that member who was the breadwinner of the family. It also describes how this gap can be covered by motor vehicle liability insurance. One source of funding for this gap could be, for example, an annuity for indirect victims. In many EU countries, people who are members of the household of the deceased are considered to be affected as a result of his death. Those indirectly affected will include the family members and relatives of the deceased (spouse, parent, child, sibling, and cohabitant). The person responsible for the death should pay compensation to the family members of the deceased. One of the elements determining this compensation should be the loss of income to the family of the deceased. The second element is compensation for the lost personal contribution. This paper presents the study of literature as an introduction to the relevant issues. The problem of compensation for lost income will be illustrated by legal regulations and calculations based on the account actuarial-term annuity. The study focuses on the selected EU countries. This article is part of a broader study by the author on the material consequences of personal injury and sources of their financing.
If the inline PDF is not rendering correctly, you can download the PDF file here.
Carmignani A. & Giacomelli S. (2010). Too many lawyers? Litigation in Italian civil courts. Temi di Discussione 745 Bankca D-Italia Eurosistema [Accessed 10.04.2017]. Available from Internet: http://www.astrid-online.it/-giustizi/GIUSTIZIA-/Studi--ric/determinanti-litigiosit--BdI.pdf
Czachórski W. (1994). Zobowiązania. Zarys wykładu PWN Warszawa
Enz R. & Holzheu T. (2004). The economics of liability losses - insuring the moving target. Sigma (6) Swiss Reinsurance Company Ltd.
Eurostat Data http://ec.europa.eu
Furedi Cf. F. (1999). Courting Mistrust: The hidden growth of a culture of litigation in Britain. Centre for Policy Studies London
Green L. (1955). The study and teaching of tort low. Texas Law Review. (34) 1-35
Holzheu T. & Lechner R. (2009). Commercial liability: a challenge for businesses and their insurers; Sigma (5) [Accessed 10.042017]. Swiss Re Available from Internet: http://www.swissre.com/r/sigma5_2009_en.pdf?19=930&44=32581792&43=1207175&32=10792&7=1207175&40=http%3A%2F%2Fmedia.swissre.com%2Fdocuments%2Fsigma5_2009_en.pdf&18=0.01974188412708411
Insurance Europe (2015). European Motor Insurance Markets Addendum [Accessed 15.04.2017] Available from Internet: https://www.insuranceeurope.eu/sites/default/files/attachments/European%20motor%20insurance%20markets.pdf
Jędrzychowska A. & Poprawska E. (2016a). Analysis of the Problem of Determining Loss of Income and Sources for their Financing. The Case of Personal Injuries Caused in Traffic Accidents Transformations in Business & Economics. (38A) 329-353.
Jędrzychowska A. & Poprawska E. (2016b). ‘Is the minimum amount of coverage from motor third party liability insurance enough to cover personal injuries?’ Journal of Risk Management in Financial Institutions. (1/2) 125-141.
Jędrzychowska A. Poprawska E. & Ronka-Chmielowiec W. (2015). The sufficiency of the minimum amounts in compulsory liability insurance to cover personal injury claims – based on motor third party liability insurance and medical liability insurance. Wiadomości Ubezpieczeniowe (4) 79-102.
Karaś T. (2007). Uwagi na temat pojęcia „szkoda” w amerykańskiej teorii prawa Studia Iuridica (XLVII) 113-145.
Kwiecień I. (2015). Ekonomiczna analiza dochodzenia roszczeń o zadośćuczynienie za szkody na osobie z ubezpieczeń odpowiedzialności cywilnej. Wydawnictwo UE we Wrocławiu. Wrocław
Kwiecień I. (Ed.) (2011). Szkody osobowe kompensowane z ubezpieczenia komunikacyjnego OC. Analiza rynku. Poltext. Warszawa.
Monkiewicz J. & Monkiewicz M. (2016) Current trends in bodily injury claims in MTPL insurance: 2010-2015: promotor 2016 report. ProMotor. Warszawa.
Monkiewicz J. & Monkiewicz M. (2017) Szkody osobowe z OC komunikacyjnego. W poszukiwaniu nowych rozwiązań. ProMotor. Warszawa
Schmit J.T. (2009). Factors Likely to Influence Tort Litigation in the European Union. The Geneva Papers on Risk and Insurance – Issues and Practice. (31) 304–313.
Scor Global P&C (2015). Motor Insurance and Reinsurance. Current Issues and Future Trends Focus. [Accessed 15.04.2017] Available from Internet: https://www.scor.com/images/stories/pdf/library/focus/FocusPC_Motors.pdf
Wigmore J.H. (1895). A general analysis of tort relations. Harvard Law Review. (8) 378-379.