US insurance company begins payment to heirs of Armenian “genocide” victims

Public Television of Armenia, Yerevan
17 Jan 05

[Presenter] The New York Life insurance company has started to pay the
heirs of Armenian genocide victims. The first 3m dollars has already
been transferred to American-Armenian charity organizations.

To recap, the applications of the genocide victims’ heirs who had an
insurance policy with the New York Life insurance company will be
accepted up till 28 February.

The working commission set up by the Armenian Justice Ministry said
that 540 people have already applied, but 2,300 names are still on the
lists of the New York Life insurance company.

[Passage omitted: the press secretary of the Armenian Justice Ministry
Ara Sagatelyan and employees of the Armenian State Archive explain
which documents the victims’ heirs need to get compensation]

[Correspondent] The New York Life insurance company which under a
court settlement has to pay 20m dollars, has paid the first 3m dollars
to American-Armenian charity organizations.

Anna Vartanyan, Karen Grigoryan, “Aylur”.