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Philippines: Insurers to expedite claims processing for Typhoon Haiyan victims

December 5, 2013 - 6:00am

Insurers and the Insurance Commission have come together to accelerate the processing of claims for Typhoon Haiyan victims, ABS-CBN News reported.

They will establish a claims action center in strategic areas. The Philippine Insurers and Reinsurers will issue an initial payout of 10,000 Philippine pesos ($229) to each policyholder. The rest would be paid out once minimum requirements are met.

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