India’s deadliest plane crash in more than decade is set to send shock waves through the aviation insurance industry and trigger one of the country’s costliest claims, estimated at around $475 million.

An Air India Boeing 787 Dreamliner crashed just seconds after takeoff from Ahmedabad Airport on June 12 with 242 people onboard, out of which, 241 people died.

Insurers face difficulties settling claims from the Air India plane crash due to policyholders and nominees perishing. IRDAI advises expediting the process for confirmed deceased.