EN
17 October 2003 - 19:10 AMT

BILL ON GRANTING INSURANCE PAYMENTS TO ARMENIAN GENOCIDE VICTIMS PRESENTED TO US CONGRESS

The day before Congressmen Adam Schiff and George Radanovich submitted the bill providing for the assistance in rendering insurance payments to the victims of the Armenian Genocide in Ottoman Turkey for consideration of the US House of Representatives. According to the report by the Armenian National Committee of America (ANCA), the document called “Bill on Fair Insurance for Armenian Victims” will help the US to claim the insurance companies to raise the archives of the time when the Armenian Genocide was perpetrated (1875-1923) and produce a list of insurance policy holders of that period. ANCA considers that the present initiative will assist to make the insurance companies, which had not paid the debts for the Genocide victims yet, size up their juridical obligations. To note, in the end of the 19-th century big American and European insurance companies acting in the territory of Ottoman Turkey had sold dozens of thousands of insurance policies to the Armenians who were either killed or expelled from the country later. After the lapse of over 80 years many companies have not paid the insurance provided by the policies issued claiming the death-certificate and other documents from the Genocide victims’ descendants.