Insurance claim raised

Sat, 18 Oct 1997, 00:00 WIB | Source: JP

JAKARTA (JP): The government has raised the life insurance
claim for passengers killed in a land and air traffic accident by
around 100 percent -- to Rp 5 million (US$1,428) and Rp 40
million respectively from the previous rates of Rp 2 million and
Rp 20 million.

The government, through Ministry of Finance decree Nos.
496/KMK 017/1997 and 497/KMK 017/1997 stated that the increase
was made to adjust to people's increasing standards of living.

The government has not raised the insurance claim since 1991.

The decree also stated that health and medical compensation
for passengers in a land and air accident would be raised to a
maximum of Rp 2.5 million and Rp 20 million respectively from the
previous rates of Rp 1 million and Rp 10 million.

The new rates took effect on Oct. 6 this year. (aly)

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