The National Insurance Commission (NAICOM) on Wednesdayt said it will ensure the payment of insurance claims to beneficiaries of the victims of the Dana Air plane crash in Lagos.
The Commission’s position was contained in a statement by the Head, Corporate Communications, Lucky Fiakpa, who gave the assurance that the aircraft in question was properly insured and all reinsurance contracts were duly entered into.
The statement also stated that seven local underwriters were involved in the insurance.
NAICOM consoled the families of those who lost their lives in the ill-fated flight, noting that no amount of money was sufficient to compensate them.
Dana Air’s Flight 0992 crashed into residential buildings in the Iju-Ishaga area of Lagos on Sunday, killing the 153 people on board.
Several others were also killed as the aircraft plunged into the two-storey building.
