Thursday 30 August 2012

Insurers paid $30,000 to DANA clashed victims

Insurers paid $30,000 to DANA clashed victims
 Victims of Dana air clash have received $30,000 the Commissioner for Insurance Fola Daniel has said. He disclosed this in Calabar, adding that the balance $70,000 of the $100,000 would soon be paid. He noted that the National Insurance Commission (NAICOM) would ensure that the local insurers that underwrote the risks live up to expectation. Daniel noted that the sum assured of the risk was $350 million which comprises life and third party liability excluding the claims for the aircraft. He said families of those that died in the mishap have to present death certificates and certificate of administration before they would be paid the outstanding claims. Daniel noted that the No Premium No Cover would not deter the operators from paying the claims, adding that only legitimate claimants would be paid. He said: "Whether the co-insurers pay or not we would hold the lead insurer responsible and legitimate claimants would be paid adequately."

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