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Saturday, 18 May 2019

$1 Billion

Two Boeing Air Max crashes within 5 months of each other sure does bring up a lot of questions about safety and responsibility, but there's also the question of how much compensation the victims' families will be entitled to, much of which will be paid out by insurers.



According to a report Ii just read in Insurance Business Canada, the conservative estimate would be US$1 Billion, split amongst the mutiple insurers who were covering the losses.

No amount of money will ever compensate for the loss of a loved one(s) but there's no doubt there will be a huge payout regardless.

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