NEW YORK LIFE DELAYS COMPENSATION TO HEIRS OF ITS CLIENTS

Panorama.am
16:50 08/01/2007

New York Life, an insurance company which insured the Armenians in
Western Armenia during the Great Genocide, promised to compensate to
their heirs.

However, the compensation is delayed and anxious citizens vigorously
apply to media to receive at least some information about possible
compensation. Many called Panorama.am these days wanting to know the
time when the compensation will be made.

The web portal of New York Life,
, which was supposed
to inform about the dates of transfer on behalf of the Armenian
Insurance Compensation Fund Board, has not been updated since November,
last year.

The silence of the board was accepted as a sign of impartiality at
the time when the applications were processed. At the moment, it is
not clear and is offensive to the citizens.