One-Two-Go insured for US$305 mn

Budget airline One-Two-Go's aircraft, which crash-landed in Phuket on Sunday, was insured for US$305 million which covered damage to the aircraft and passengers, according to Insurance Commission Office Secretary-General Chantra Purnariksha.

From an investigation, she said, One-Two-Go bought an insurance policy from an underwriter in Britain with coverage amount of $300 million. This amount would cover losses of life, medical bills, and shipment of dead bodies. One-Two-Go also insured its aircraft for $5 million and the policy would cover both the aircraft and passengers.

Chantra also urged relatives of the victims to check if the dead and injured passengers have bought any insurance policies, so that the office could rush to claim for bills on behalf of the passengers.

The relatives are invited to contact the Office's Phuket branch at Tel 076-219-496, 081-174-8960 or 1186.

"We're closely monitoring the accident. One-Two-Go is insured by a foreign insurer who could not deny the responsibility," she noted.

- The Nation

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One-Two-Go insured for US$305 mn

Budget airline One-Two-Go's aircraft, which crash-landed in Phuket on Sunday, was insured for US$305 million which covered damage to the aircraft and passengers, according to Insurance Commission Office Secretary-General Chantra Purnariksha.

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