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Airlines seek to defer payments of insurance premium

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₹100.09 crore, down 7.5% from ₹108.23 during these two months last year.During fiscal 2019-20, the premium from sales of new pure aviation policies stood at ₹687.27 crore, which was 23.6% higher than ₹556.09 crore collected by the insurers in the previous fiscal.As part of a nationwide lockdown, air travel was suspended by the government from 25 March to prevent transmission of covid-19.

However, regardless of its flight operations, an airline needs to keep mandatory insurance cover.The size of the Indian aviation insurance market is estimated to be around ₹5,000-6,000 crore.Depending on the size of the cover, the premium ranges from 0.002% to 0.004% of the sum assured.

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Breaking O'Neill 'sorry for going' to Storey funeral amid pandemic
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Scots couple die days apart from cancer as son pays tribute
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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