Wednesday, Oct 1, 2014Wednesday, Oct 1, 2014
SE Asia
 

Next-of-kin of MH370 passengers in Malaysia can start to file for insurance claims

Published on Mar 27, 2014 4:24 PM
 
A man looks at a bulletin board during the relatives of the missing Malaysia Airlines flight MH370 meeting with delegates from Malaysia at the Metro Park Lido Hotel in Beijing, on March 26, 2014. Next-of-kin of those on board Malaysia Airlines flight MH370 can start to file for life insurance claims now without having to wait for death certificates. -- PHOTO: AFP

KUALA LUMPUR (THE STAR/ASIA NEWS NETWORK) - Next-of-kin of those on board Malaysia Airlines flight MH370 can start to file for life insurance claims now without having to wait for death certificates.

Life Insurance Association of Malaysia (LIAM) president Vincent Kwo said that in view of the special circumstances of the tragedy, life insurance companies in Malaysia had agreed to accord special priority in facilitating and expediting claims payment.

"Once the proper claimant has been identified, payment can be processed within a week," he said in a press statement on Thursday.

MH370 was on its way from Kuala Lumpur to Beijing on March 8 when it went missing from the radar screen 40 minutes into the journey.

 
If you are not a subscriber, you can get instant, unlimited access here

Videos