(a)

1. (1) Compensation payable to a victim or claimant incurring expenses due to injury or death may not exceed a total of ten thousand dollars ($10,000).
2. (2) However, for those victims whose injuries are catastrophic and result in a total and permanent disability, the maximum reparations amount shall not exceed twenty-five thousand dollars ($25,000).

(b)

1. (1) Compensation for funeral expenses of deceased victims may not exceed seven thousand five hundred dollars ($7,500).
2. (2) Collateral sources of income, such as burial policies, workers' compensation, etc., will be applied towards the total cost of the victim's funeral.
3. (3) Life insurance may not be used as a collateral source when dependents of the deceased victim remain and may benefit from the proceeds of this policy.
4. (4) Life insurance will be utilized as a collateral source and be applied against funeral expenses in those cases involving no surviving dependents.

(e)

1. (1) The board may also provide for payment of legal fees, not to exceed two hundred fifty dollars ($250), plus filing fees, of a guardianship when an award has been made to a minor child pursuant to this part.
2. (2) Legal services expenses shall not be deducted from the otherwise compensable amount unless amount is over ten thousand dollars ($10,000).

(f) Upon request of the claimant, the board may convert future economic loss, other than allowable expense, to a lump sum, but only upon a finding by the board of either of the following:

1. (1) That the award in a lump sum will promote the interests of the claimant; or
2. (2) That the present value of all future economic loss does not exceed one thousand dollars ($1,000).