B767Driver
New Member
I'm sure this all makes business sense, somehow.
http://www.businessinsurance.com/cgi-bin/news.pl?post_date=2009-02-13&id=15410
http://www.businessinsurance.com/cgi-bin/news.pl?post_date=2009-02-13&id=15410
This may be an inappropriate question at this time, and I apologize if it is. Mods - delete as you feel necessary.
How does the insurance company determine the payout to the families of the crash victims? Do they do an analysis of projected lost income, or does the insurance company set a value that will offset a potential loss in a civil suit? How's it work?
In training we were told it was 5 million a person. I've heard from other sources that there can occasionally be higher payouts depending on someones career earning potential.