Families of some Chinese passengers on missing plane receive insurance payouts


BEIJING: Chinese insurance companies have started paying compensation to the families of passengers aboard a missing Malaysia Airlines plane presumed crashed in the southern Indian Ocean, state news agency Xinhua said on Thursday.

The families of seven passengers received 4.17 million yuan ($671,600) in compensation on Tuesday, China Life, the country’s largest insurance company, was quoted by Xinhua as saying.

China Life said it had 32 clients on board the flight and estimated its total compensation at around 9 million yuan.

“China Life is deeply grieved at the news and will ensure compensation and all other related services are fully implemented,”

Xinhua quoted an unnamed company spokesman as saying.

APP