The Bell 429 GlobalRanger Helicopter of the Philippine National Police (PNP) that crashed recently in Laguna had been insured with the Government Service Insurance System (GSIS) for Usd 7 million (Php 350 million).
The PNP bought the Bell 429 for around Php 430 million as per previous news reports. The insurance with the GSIS also includes a Usd 100k (Php 5 million) Personal Accident Insurance and a Passenger Medical Expenses coverage worth Usd 20k (Php 1 million).
SOURCE: GSIS pays for the downed PNP Chopper
The PNP bought the Bell 429 for around Php 430 million as per previous news reports. The insurance with the GSIS also includes a Usd 100k (Php 5 million) Personal Accident Insurance and a Passenger Medical Expenses coverage worth Usd 20k (Php 1 million).
SOURCE: GSIS pays for the downed PNP Chopper
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