Those injured or families of those killed in one of General Motors’ vehicles with a faulty ignition switch now have another month to file their compensation claim with the automaker. The deadline for filing claims with lawyer Kenneth Feinberg was originally set for Dec. 31, however GM last night extended the cut-off date to Jan. 31.
“We agreed with Ken Feinberg’s recommendation to extend the compensation program deadline. Our goal with the program has been to reach every eligible person impacted,” GM said in a statement.
Feinberg is overseeing GM’s ignition switch compensation fund, which was put in place with the goal of monetarily reimbursing victims and families of those killed as a result of the faulty switch. The program began accepting claims in August and has received around 2,000 applications to date. So far, 32 death claims and 35 injury claims have been approved.
The compensation program pays out $1 million per fatality and an additional $300,000 for a surviving spouse and for each possible beneficiary. Those who accept the compensation wave their right to sue the automaker for their loss.
No Comments yet