8 MILLION USD TO THE RELATIVES OF THE VICTIMS OF THE GENOCIDE
Support A1+!Insurance company “New York Life” started to make payments of compensation to more than two thousand heirs of the victims of the Armenian Genocide.
“New York Life” has agreed to make payments to the heirs of those Armenians who had insured their lives in the company and fell victims to the Armenian Genocide.
According to advocate Vardges Eghiazaryan, the corresponding committee of the insurance company accepted 2515 of the total 5692 letters and started to send them the money last Sunday, Radio station «Azatutyun» informed.
Vardges Eghiazaryan said that the people living outside Armenia will get the cheques by mail. As for Armenia, the company has an agreement with one of banks which will transfer the money.
3 million 600 thousand has been sent to Armenia where 1254 people will get their shares. 2 million 700 thousand has been sent to the USA for 896 people. The third is France and the forth is Canada. On the whole, Armenians will get money is 26 countries.
The whole sum to be paid is 7 million 954 thousand USD. About 3 million USD will remain which will be sent to charity organizations.
