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Victims families receive compensation from insurers

China Pacific Insurance Co is delivering a combined compensation of 1.85 million yuan (US$269,955) to the relatives of the six victims who died in the bus accident in Arizona yesterday.

The insurer dispatched two teams to deliver the money to the victims' families.

The victims bought the life accident insurance products from the Shanghai-based insurer with a single maxim coverage of 250,000 yuan.

The injured victims will also get their compensation.

Another insurer, the Shanghai branch of the People's Insurance Co (Group) of China, is offering liability insurance to the victims, who can get a maximum compensation of 500,000 yuan per person from PICC.

No more details are available now.


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