$8.5 million in blood money may be given to families of crane fall victims

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Monday 14 Sep 2015 - 11:52 Makkah mean time-1-12-1436 (Image from Al-Hayat) Makkah, (IINA) - Insurance experts expect that families of the deceased in the crane crash accident at the Grand Mosque will be compensated under the insurance policy for government projects, Al-Hayat newspaper reported. The insurance company will pay around $8.5 million as blood money to the families of the deceased. Insurance experts have classified the crane crash as an accident caused by a natural disaster, and therefore all damages should be compensated.  Insurance policies for government projects include a segment that covers for all damages during natural disasters and accidents, whether such damages were materialistic losses or human losses. The Saudi law has a clause that obliges all companies working on a government project to submit an insurance policy on everything that concerns the project, such as construction site, construction equipment, and human lives. AG/IINA