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LIVING INSURANCE National Stabilization Agreement of the Sheet Metal Industry Trust Fund AMENDED AND RESTATED RULES AND REGULATIONS AS OF JANUARY 1, 2008, TABLE OF CONTENTS PREAMBLE SECTION 1. SECTION
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SASMI stands for Statutory Accident Benefits Schedule - Minor Injury Guideline. It is a regulation under the Insurance Act in Ontario, Canada, which outlines the benefits available for individuals who sustain minor injuries in automobile accidents.
Insurance companies in Ontario are required to file SASMI when processing accident benefit claims for individuals who have sustained minor injuries in automobile accidents.
To fill out SASMI, insurance companies need to follow the guidelines set forth in the regulation. This includes gathering necessary information from the claimant, assessing the nature and severity of the injury, and determining the applicable benefits and treatment limits.
The purpose of SASMI is to provide a standardized framework for assessing and compensating individuals who have sustained minor injuries in automobile accidents, ensuring fair and consistent treatment across insurance companies.
SASMI requires insurance companies to report specific information about the accident, the injured individual, the injuries sustained, the treatment received, and the benefits provided. This includes details such as date and location of the accident, description of the injuries, and any medical documentation or assessments.
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