Travel insurance claims for airplane crashes decrease

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This is the result of a considerable decline in the number of accidents that have occurred. For the first time since 1991, travel insurance airline claims for aircraft accidents will have fallen below the $1 billion mark this year, as the number of fatalities from airplane accidents and the number of destroyed planes have dropped to record lows. The number of large accidents involving aircraft has plummeted throughout 2012. Ascend, an advisory firm, made the estimations regarding the number of destroyed aircraft and passenger fatalities and has recently released this…

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