A part of the helicopter was recovered. — VNA/VNS Photo

 PVI Insurance Corporation said on Monday that it completed the procedures related to Bell 505 helicopter with registration number VN-8650 to pay full compensation to Vietnam Helicopter Corporation (VNH).

The amount of the compensation payment was nearly US$1.57 million.

According to the insurance company, 20 days after the accident occurred, it was able to complete the payment of full compensation for the Bell 505 helicopter.

On the afternoon of April 5, a helicopter taking off from Tuan Chau island, Ha Long City, Quang Ninh Province was involved in an accident, claiming the lives of four passengers and one pilot.

Previously, PVI Insurance had paid advance compensation of $50,000 to the family of the deceased pilot. The company is cooperating with the pilot's family to complete the procedures to pay the remaining amount of compensation under the Pilot Accident Insurance Policy of $150,000.

It is also coordinating closely with VNH to discuss with passengers' relatives to determine specific wishes based on the provisions of the law. — VNS