Holocaust Survivors to Get Insurance Payment

From Times Wire Reports

Nearly 16,000 Holocaust survivors and heirs will receive $1,000 checks as “token payments” on insurance policies that vanished in the chaos of World War II, an international commission on postwar claims said in New York.

The $16 million will go to recipients in 62 countries based on anecdotal evidence that they once held life insurance policies issued by European companies.

The payments were announced by the International Commission on Holocaust Era Insurance Claims, established in 1998 to investigate and resolve survivors’ claims of lost or unpaid policies. The panel has $500 million for insurance claims and other humanitarian purposes.