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Muan Airlines passenger plane accident, victims subscribed to KRW 1.472 trillion in liability insurance

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Muan Airlines passenger plane accident victim compensation responsibility
Join 1.472 trillion won
Entered 2024.12.29. 5.59 PM Modified 2024.12.29. 5.59pm
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[Muan-Newsis] Reporter Younghwan Lee = A case departing from Thailand occurred at Muan Airport in Jeollanam-do on the afternoon of the 29th.
Paramedics perform on-site rescue activities at the scene of a Jeju Air passenger plane crash and explosion accident.
It is: 2024.12.29. 2Ohwan@newsiscom /Photo-Kim Geun-soo
Regarding the Jeju Air plane crash that occurred at Muan International Airlines in Jeollanam-do,
It is believed that Jeju Air has signed up for liability insurance worth 1.427 trillion won.
Yakmongda: Separately, the airline will incur approximately 53.7 billion won in damages due to damage to the aircraft.
It appears that compensation can be received.

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Geumwoom authorities announced the death of a Jeju Air plane that occurred at Muan International Airport on the morning of the 29th.
In relation to the incident, the accident aircraft had a total of $7,036.51 million in aviation insurance.
The contractor is Jeju Air: The insurance company in question is
Samsung Fire & Marine Insurance, KB Insurance; DB Insurance, Hana Insurance, Mericho Fire & Marine Insurance, etc. 5
Several insurance companies jointly underwrote:
The compensation limit for aviation insurance liability coverage is $7 billion; Approximately KRW 1 trillion 47
It is 2 billion won. The next day, Jeju Air suspended the passenger plane in the process of handling the future incident.
Guaranteed monthly compensation to be paid to passengers:
Separately, the compensation limit for damage to the aircraft itself is $36.51 million (approximately 5
3.7 billion won) c:
If liability and aircraft damage compensation limit are combined, the insurance amount is up to KRW 1,5257.
It appears to have reached billions of won: Insurance companies have signed up for 999 reinsurance.
Private costs are estimated to be minimal:
Geumwoom authorities injured the families of the deceased, focusing on five companies, including Samsung Fire & Marine Insurance, which was the secretary.
Take measures to ensure appropriate and prompt compensation for damages to victims, etc.
On the other hand, immediate payment of insurance benefits to the deceased’s surviving family members and medical treatment to the injured
Payment will be made promptly:
In addition, in relation to individual insurance claims such as travel insurance, the damaged customer must sign up for insurance.
Rapid Compensation Center at the Life Insurance Association to check availability and apply for insurance claims and make payments.
Establishment of a framework and review of insurance claims for damaged customers against insurance companies
We will take action to ensure that urgent tasks are handled with the highest priority:

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