Insurance firm AXA Mandiri pays claims to AirAsia QZ8501 victims

Insurance firm AXA Mandiri pays claims to AirAsia QZ8501 victims
On board were 138 adult passengers, 16 children and an infant, in addition to the two pilots and five cabin crew.

Insurance firm PT AXA Mandiri Financial Services paid out the insurance claims of three AirAsia flight QZ8501 victims, who were listed as Bank Mandiri customers, to their families in Surabaya, East Java, on Monday.

"The three victims were Andreas Widjaja, Kristyono and Saiful Rakhmad," said Agus Haryoto, CEO of Bank Mandiri regional division VIII office, Surabaya, as quoted by Antara news agency.

He was speaking after the transfer of payments at the AXA Mandiri Customer Care Corner in Surabaya on Monday.

Agus said Andreas, Kristyono and Saiful were Bank Mandiri customers, whose loans were protected by AXA Mandiri Insurance through its Credit Life Protection Insurance product.

He said AXA Mandiri had paid Rp 1.38 billion (S$151,800) in insurance claims to their heirs, comprising Rp 1.19 billion for Andreas, Rp 77.56 million for Kristyono and Rp 109 million for Saiful.

Agus added that so far, AXA Mandiri had paid out Rp 1.49 billion in insurance claims to the families of victims on the flight, comprising Rp 1.38 billion for Credit Life Protection policies and the remaining Rp 111.6 million for unit-linked policies.

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