Kondotty: Insurance companies will give Compensation of Rs 661.32 crore to the airline and its passengers in the wake of the plane crash in Karipur. 378.83 crore to the airline and Rs. 282.49 crore to the passengers.
Indian Insurance Companies and Global Insurance Companies Together, transfer the compensation amount.
A consortium of various insurance companies will give historical huge insurance amounts as compensation to India. The new public sector New India Insurance Company is undertaking the main insurance. Global Insurance Company also covers the bulk of the insurance claim.
Rupees 3.5 crores have been already given to the kin of passengers as compensation by New India Insurance. The remaining amount will be handed over after checking the details.Air India plane with 190 people arriving from Dubai on August 7 plunge to 35 feet below the landing Eighteen people, including two pilots, were killed on the day of the incident. Three more died later in the day of treatment. The death toll raised to 21.