The Road Accident Fund settlement process

The Road Accident Fund settlement process

 

The RAF settlement process

 

The RAF settlement process in South Africa involves reaching an agreement on the compensation amount for your claim. Here’s a breakdown of the key steps:

 

Step 1: Negotiation or Court

 

  • 📌 After the RAF investigates your claim (usually within 120 days), they might acknowledge liability and offer a settlement.

 

  • 📌 Your lawyer (whom it’s advisable to consult throughout) can then negotiate on your behalf to get the best possible compensation.

 

  • 📌 If an agreement isn’t reached, you may need to go to court (litigation) to have a judge determine the compensation.

 

 

Step 2: Accepting the Settlement

 

  • 📌 If you and your lawyer agree to the RAF’s offer, you’ll be presented with a settlement agreement outlining the compensation details.

 

  • 📌 It’s crucial to understand the terms thoroughly before signing.

 

 

Step 3: Finalization and Payment

 

  • 📌 Once you sign the agreement, the claim is finalized.

 

  • 📌The RAF aims to process the payment within 180 days (6 months) of the settlement agreement or court judgment.

 

  • 📌 Be aware that delays can occur due to administrative issues at the RAF.

 

 

Important Considerations

 

  • ✅ Legal Advice: Having a lawyer experienced in RAF claims is highly recommended. They can guide you through the process, negotiate effectively, and ensure your rights are protected.

 

  • ✅ Settlement Evaluation: Don’t feel pressured to accept the first offer. Your lawyer can help assess if the settlement reflects the full extent of your injuries and losses.

 

  • ✅ Long-Term Needs: Consider if the settlement covers your current and future medical needs, lost income, and potential long-term disabilities.