Air India flight AI171, which was going from Ahmedabad to London, crashed before landing. There were 242 people in this painful accident and according to initial reports no passenger survived. This accident has now become an Insurance Claim, not just an accident. In this video, know how the insurance system works after such a crash – hull insurance (for the price of the aircraft) and passenger liability insurance (for the death or injury of passengers). The video also provides information about Montreal Convention and compensation received under India’s Carriage by Air Act. Also, know the example of compensation of 2020 Kozhikode Crash and the role of international reinsure companies. Watch this video and know how much and how compensation is received in such accidents. Please tell your opinion in the comment.
Big disclosure of Air India Crash: Who Insurance will be given and how much will they get? , New India Assurance and Aig London | Big disclosure of Air India Crash: Whose Insurance, how much will you get?
