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Posted: Saturday, March 7, 2015 8:00 PM

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It is also known that in 1959 vehicular death claims under life insurance policies totaled $127,000,000. On average, therefore, the beneficiaries of the fatality victims in the year 1959 received a recovery of about $3,300 per victim, a very small amount compared to the average human- life value lost. Although more people own life insurance than any other kind of insurance, it is obvious that at its present stage of development life insurance does not offer a major solution to the economic problem posed by the fatal automobile accident. Nonfatal Accidents. Personal injuries result in economic loss through lost wages and impaired earning capacity and also through expenses incurred for treatment and rehabilitation. Some of the forms of direct insurance through which automobile accident victims may be compensated for such loss without regard to fault are as follows:

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• Location: Cincinnati, Cincinnati, OH

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