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What is the social assistance fund for road traffic accidents?
The social assistance fund for solving road traffic accidents refers to the social special fund raised according to law to advance the funeral expenses and part or all of the rescue expenses of the victims in motor vehicle road traffic accidents. If the relief fund needs to advance part or all of the relief expenses, the traffic administrative department of the public security organ shall notify the relief fund management institution in writing within 3 working days. According to the provisions of Article 17 of the Road Traffic Safety Law, the state implements the compulsory third-party liability insurance system for motor vehicles and establishes a social assistance fund for road traffic accidents. Specific measures shall be formulated by the State Council. Regulations on Compulsory Liability Insurance for Motor Vehicle Traffic Accidents Article 24 The State establishes a social relief fund for road traffic accidents (hereinafter referred to as the relief fund). Under any of the following circumstances, the funeral expenses and part or all of the rescue expenses of the victims of road traffic accidents shall be paid by the rescue fund in advance, and the rescue fund management institution shall have the right to recover from the person responsible for road traffic accidents: (1) The rescue expenses exceed the liability limit of compulsory insurance for motor vehicle traffic accidents; (two) the motor vehicle did not participate in the compulsory insurance of motor vehicle traffic accident liability; (3) A motor vehicle escapes after an accident.