OREANDA-NEWS. March 14, 2011. The plane An-148 (serial number 41-03, board number 61708), that crashed in Belgorod Region on March 5 this year, was insured in Ingosstrakh OJSIC with hull insurance against all risks. The insurance sum amounts to 800 mln. rubles. Reinsurance of the risk accepted was done within the framework of the existing obligatory hull coverage reinsurance agreement.

Under the policy, Ingosstrakh OJSIC also insured the civil liability of aircraft operator to third parties. The limit of liability amounts to 8 mln. rubles for each case.

As a result of the catastrophe, all the crew members died and the aircraft was destroyed. The insurance company expresses its condolences to the relatives of those deceased.

The specialists of Ingosstrakh OJSIC are in constant touch with the insured’s representatives, the experts of an independent surveyor, invited by Ingosstrakh, have been working on the site of catastrophe since March 6. Ingosstrakh OJSIC will fulfill all its liabilities within the framework of the insurance policy.

Let us remind you that the plane An-148 crashed in Belgorod Region on March 5 this year, when it was making a test flight.