OTHER GROUP COMPANIES
market

MH370: Almost all Malaysians had life insurance

AIA Bhd said it would get in touch with the families of its policyholders on the flight

March 25, 2014 11:20 IST | India Infoline News Service
The Life Insurance Association of Malaysia (LIAM) has said that 47 of the 50 Malaysians on board the ill-fated Flight MH 370 had insurance policies.
The figure comprised 38 passengers and 12 crew members and their life insurance policies were with 14 companies in Malaysia.
Meanwhile, in a separate statement, AIA Bhd said it would get in touch with the families of its policyholders on the flight.
"We assure the families that we will get in touch with them to expedite the processing of the life insurance claims within the next 24 hours.”
Flight MH370 went missing enroute to Beijing from Kuala Lumpur. It was disclosed yesterday that the flight with 239 on board had plunged into the Southern Indian Ocean with no survivors.
Malaysia Airlines Flight MH370 took off from Kuala Lumpur International Airport at 12:41 a.m. local time on 8th March and was slated to land in Beijing at 6:30 a.m. that same day.
The Boeing 777-200ER carried 227 passengers, including 2 Canadians, and 12 crew members. The search operation has involved 34 aircraft and 40 ships from several countries.

OPEN A DEMAT ACCOUNT & Get
FREE Benefits Worth 5,000

FEATURED ARTICLE

BLOGS

Open Demat Account
  • 0

    Per Order for ETF & Mutual Funds Brokerage

  • 20

    Per Order for Delivery, Intraday, F&O, Currency & Commodity