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China's insurance regulator says insurance companies could pay claims of nearly 15 million yuan, to those who were killed in this week's plane crash in northeast China.
The China Insurance Regulatory Commission has asked its bureaux in Heilongjiang province, the site of the crash, and Henan province, where the plane took off, to set up investigation teams to follow up on insurance claims. After a preliminary investigation, 27 of those killed were found to have life insurance from 14 insurance companies, with estimated claims of nearly 15 million yuan.
The aircraft was jointly underwritten by three insurers. And Lindu Airport in Yichun was also insured with airport liability insurance.