Cyprus Life insurance companies paying out millions
LIFE insurance companies from Cyprus will be paying around £4 million for all the relatives of the victims of Helios Airways flight ZU522, which crashed in Greece on August 14, killing all 121 passengers and crew members on board.
The Life Insurance Company Union in Cyprus has already reported 92 cases where victims were covered for life insurance. Various insurances will pay out a total of around £3,417,000, a figure which remains provisional. Out of the 92 cases, 34 are people that took out family life insurances amounting to a total of £1,085,000, while the other 58 took out individual life insurances on themselves amounting to a total of £2,332,000.
Life insurance companies paying out millions
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December 20th, 2005 at
The insurance company settlement comes at a critical period in history for political affairs in the Cyprus and the Middle East. Of particular import are two issues at the forefront of Greek and Greek-American relations: Cyprus has just joined the European Union amid ongoing occupation by Turkish troops; the Turkish government seeks candidacy for entry into the European Union. Both of these issues are affected by the genocides early in the twentieth-century, since Turkey steadfastly denies that any crimes against humanity took place in Smyrna or elsewhere. Moreover, she has attempted to coerce American lawmakers into refusing to recognize the genocide that has taken place
December 9th, 2006 at
That’s why you should always have a life insurance
February 13th, 2007 at
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Penelope