MH17 crash: Victims' families urged to check insurance policies

MH17 crash: Victims' families urged to check insurance policies

PETALING JAYA - Family members of MH17 victims are urged to contact their insurance companies on the travel insurance policy coverage.

The General Insurance Association of Malaysia (PIAM) said while travel insurance policies might share common features, the scope of coverage and the payments could be different.

"As such, it is important for an insured or his beneficiary to check carefully the coverage and the exclusions of the travel insurance plan purchased," said PIAM in a statement yesterday.

It said that there had been queries on the coverage under general insurance policies on some of the speculated causes of the MH17 incident, namely terrorism, hostilities, civil war, rebellion, and revolution, to name a few.

PIAM said in Malaysia, acts of terrorism were covered by many travel insurance policies available locally.

"However, they are subject to underwriting practices of the respective general insurers and the area of travel."

"It was pointed out that an act of war is excluded under all circumstances in travel insurance and personal accident policies sold by all Malaysian general insurers."

Association chairman Chua Seck Guan said under the Montreal Convention, all airlines were liable to pay damages of between US$150,000 and US$175,000 (S$187,000 to S$220,000) for each passenger killed or injured in any airline accident, even if the cause of the accident is an act of war or terrorism.

The airline is also obligated to make these payments regardless of whether it is at fault.

For details, check PIAM's website at www.piam.org.my or email to piam_sec@piam.org.my

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