Скачать или смотреть Plane Crash Compensation: Who Pays and How Much?

What Happens If a Plane Crashes? Insurance, Compensation & Your Rights Explained!
In this video, we break down how airline insurance, travel insurance, and credit-card accident covers work in the unfortunate event of a plane crash—like the recent tragic Air India incident.


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🔍 In This Video:

Part 1: Airline Insurance – What and How Much Is Covered?
Major airlines like Air India purchase comprehensive aviation insurance for each aircraft. This includes:
✔️ Hull All Risk (damage to aircraft)
✔️ Passenger Liability (for every traveler)
✔️ Third-Party Liability (for damages/deaths on the ground)
✔️ Crew Personal Accident cover
✔️ Cargo and baggage liability


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Part 2: Montreal Convention – Legal Compensation for Passengers
The Montreal Convention governs international flight liability and ensures that families receive:
✅ Up to 128,821 SDRs (approx. ₹1.45 crore) without proving fault (updated in 2019)
✅ Higher compensation if negligence is established
✅ Mandatory minimum cover of 250,000 SDRs (approx. ₹2.8 crore) in Europe


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Part 3: Ground Victims & Property Damage
If a plane crashes into a school, hospital, or residential area—third-party liability insurance compensates:
🏠 People who were not on the flight
🏚️ Damaged property or buildings


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Part 4: Travel Insurance – Are You Covered?
If you have an individual travel insurance policy, you may be eligible for:
💵 Accidental death payout (₹10–15 lakh or more)
🚑 Medical evacuation and repatriation of remains
📦 Trip cancellation, baggage loss, and emergencies
✔️ Tip: Always check policy terms, exclusions, and sum insured before you travel!


Part 5: Credit Card Air Accident Insurance – Hidden Benefit!
Many credit and debit cards offer air accident cover worth ₹1–3 crore, provided:
💳 You bought the flight ticket using that card
📋 You file a separate claim with the bank after the incident
📂 Keep travel documents and proof ready

✅ Check your card’s welcome kit or benefits section for full details!


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