LlYODS OF LONDON,DANA AIR INSURER TO PAY AIRCRASH VICTIM ENORMOUS AMOUNT

Reps of Llyods of London, the group insurer of Dana Air, said at a news conference yesterday that it would pay adequate compensations to the families of the victims of the Dana air crash. The reps said compensations would be paid to the victims families, according to aviation standards.

The international law and standards stipulate that the sum of 30,000 dollars (N4.6 million) must be paid to each of the victims' family within the first 30 days of the accident, as initial payment.

A sealing of 100,000 dollars (N15 million) should be paid to the victims family after they must have completed all the requirements expected of them by the law. The rep said.

The compensation would be for the families of the passengers and those on the ground. They've asked family members of the victims to come up with evidence to proof their claims that link them with the deceased.