(GREEK NEWS AGENDA) The New York Life Insurance Company began selling life insurance policies in the Ottoman Empire in 1882. In connection with turmoil caused by the outbreak of World War I, however, New York Life stopped selling policies in Europe and in the Ottoman Empire after 1914. Various reference works and other sources indicate that many persons of Greek ancestry living in the Ottoman Empire at the outbreak of World War I were displaced or perished between 1915 and 1923. The company searched its records to locate all policies issued in the Ottoman Empire before 1915 insuring those of Greek heritage. New York Life paid benefits on many of those policies. However, it received no claims and thus paid no benefits or cash value on some of those policies, referred to as the “Greek Policies.”
In order to encourage claims upon the Greek Policies, New York Life has established the Greek Life Insurance Policy Programme. Descendants of persons insured under the Greek Policies may submit claims for benefits at: www.greekinsuranceclaims.com/en/board.php3
In order to be considered, the claim form and copies of all supporting documents must be mailed or e-mailed to the Claim Board by February 28, 2009.
Filed under: Economy, Greece, Greeks Abroad, history, Immigration, International Relations, Turkey Tagged: | 1922, ancestry, claim, Company, Descendants, Empire, Greek, heritage, insurance, Life, New, Ottoman, Policies, Policy, Programme, Turkey, World War I, York