Wednesday, 13 August 2014
2 years after the ill-fated Dana plane crash which claimed 153 lives, insurer pay N821m to victims relatives
Two years after the ill-fated Dana plane crash which claimed 153 lives on the 3rd of June 2012, 106 relatives of the passengers have received insurance claims totalling $5.05m (N821m).
The Managing Director, Prestige Assurance Plc, Mr. Anand Mittal, disclosed this to Punch
“As of August 11, 2014, we have made advance payments to 106 passengers and final payments have been made to 68 passengers’ relatives,".
He explained that two out of the 68, who collected the final claims, were relatives of the ground victims, while the rest were relatives of the passengers abroad the aircraft.
The managing director noted that 30 per cent of the total claims, or $30,000 per head, was expected to be paid within 30 days of the loss as the initial liability, while the balance was to be paid after the presentation of letters of administration by the victims’ family members.
Mittal noted that the family of one of the two pilots involved in the crash, who hailed from Florida, United States, had been given N4m, but that the relatives of the other pilot from India had yet to submit the necessary documents that would enable them to get the claims.