Israeli airlines gets $6 billion war insurance coverage from Israel’s government

War insurance - Israel Flag - Airplane

The country’s parliamentary finance committee has given the nod to covering the policy. The parliamentary finance committee of Israel has green lighted a strategy to offer a $6 billion state guarantee to cover war insurance against risks to Israeli airlines, said the country’s Finance Ministry. This plan will help to make certain that airlines in the country will have financial protection. The guarantee framework will make it possible for Israeli airlines to obtain war insurance policies against such risks. In this way, the goal is to keep up regular flights…

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