Iran Insurance Company talks insurance details of missing aircraft

Business Materials 20 February 2018 11:06 (UTC +04:00)

Baku, Azerbaijan, Feb. 20

By Khalid Kazimov – Trend:

Iran Insurance Company says it will cover the losses occurred after Aseman Airlines' flight EP3704 went missing on Sunday.

The ATR plane worth of $3 million was under the coverage of the insurance firm, IRNA news agency reported.

The insurer will also pay up to 210 million toman (about $46,000) in compensation for those passengers and crew members who died in the crash.

All 65 passengers and crew were feared dead in the plane crash in central Iran on Feb. 18 after the domestic flight came down in bad weather in a mountainous region.

The efforts to find the wreckage of the crashed airplane have yielded no results so far.