The Insurance Consortium approves the first indemnity payments for the damage caused by the volcano in La Palma

The Insurance Compensation Consortium (CCS) has begun to make the first payments to policyholders by bank transfer, arising from the damage caused by the volcanic eruption on the Canary Island of La Palma. These are the first claims corresponding to homes destroyed by the lava, which have resulted in the payment of 624,242 euros. 

First compensation claims 

So far, the Consortium has received 289 requests for compensation corresponding to 230 homes, 43 automobiles, 15 businesses and one industry. They come from Los Llanos de Aridane (201 applications), El Paso (73), Tazacorte (seven), Breña Alta (four), Villa de Mazo (three) and Santa Cruz de la Palma (one), reports the CCS. All the applications have been handed over to the team of experts appointed to carry out the valuation of the damages to be compensated.

The Consortium will continue to pay compensation as the expert reports and the study of the insurance contracts of those affected are concluded. 72% of the claims have been submitted through the web page (www.consorcioseguros.es), 27% by calling the CCS call center and on paper.

The CCS reminds that it only compensates damage to insured property and persons. The Consortium will process all requests for compensation that it receives, regardless of the delay with which they may be submitted by the insured parties concerned.

New measures at Caixabank

Por su parte, CaixaBank ha incorporado nuevas medidas en su programa solidario con la isla de La Palma con el fin de «seguir apoyando a los clientes y a la sociedad palmera» ante la situación que está generando la erupción del volcán en la isla.

The entity will not charge POS fees to stores and businesses in El Paso, Los Llanos de Aridane and Tazacorte while the exceptional situation lasts, according to a statement from the entity on Friday. In addition, it will extend this measure to those businesses in the rest of the municipalities that since the eruption have suffered a very significant drop in their usual turnover or, directly, have not registered any operation.

The Insurance Consortium approves the first compensation payments for the damage caused by the La Palma 1 volcano.

Another lava flow

Meanwhile, the volcano that erupted on September 19 has added this Friday two new lava emitting centers to the two it had and the new magmatic flow seeks to join the original one towards the sea, at a time when the air is still healthy for citizens.

This was stated this Friday by the technical director of the Volcanic Risk Prevention Plan, Miguel Ángel Morcuende, and the director of the National Geographic Institute (IGN) in the Canary Islands, María José Blanco, who also explained that the new emitting centers are separated by about 15 meters and are located 600 meters from the main cone in a northwesterly direction.

Lava from the volcano reached the sea this Tuesday in the municipality of Tazacorte, and has formed a lava delta that already occupies an area of 27.7 hectares. The volcano has emitted in thirteen days 80 million cubic meters of material, twice the amount that Teneguía expelled in 1971.

Since its eruption, the emitted lava covers 709 hectares, including the land it has gained by falling into the sea, and has affected more than 1,005 buildings, of which some 870 have been destroyed.

News Source: El País 01/10/21