YEREVAN, SEPTEMBER 3, NOYAN TAPAN. The successors of the victims of the Armenian Genocide can submit applications to the French "L'UNION VIE", "CAISSE PATERNELLE", and "LA CONFIENCE" insurance companies for receiving the insurance fees of their ancestors until January 7, 2008. Earlier the deadline for submitting applications was October 1, 2007. According to the information provided by Arman Baghdoyan, the director-manager of the "Vardges Yeghiayan" law office, at the press conference held on August 31, the number of applications received so far "is not satisfactory at all" in comparison with what was expected. That is why, according to him, it was considered necessary to "apply to court and prolong the term for submitting applications by the priviledge of court. Arman Baghdoyan mentioned that the successors can submit any document, be that a photo, birth, marriage or death certificate, lisence of estate paper, to name but a few, in order to prove their family ties and ties of relationship with their ancestors, who have assets in French companies. It was mentioned that a name list including about 7 thousand Armenians insured in the French companies is introduced on the following site: www.armenianinsurancesettlementaxa.com. In the opinion of Arman Baghdoyan, measures are currently being taken in the direction of replenishing the list with information about the place of residence of the insured. The "Vardges Yeghiayan" law office has brought an action against the French "AXA" insurance company, which is the legal successor of the above-mentioned three companies. The "AXA" insurance company is expected to pay approximately 11.5 million dollars to the successors of the victims of the genocide. Arman Baghdoyan declared that the previous similar case, which was filed against the "NEW YORK LIFE" insurance company, has finished. In his words, "2515 people, who have received ratification of being paid, have been given 7 million 953 thousand dollars." It was also mentioned that, in general, applications have been received from 26 countries. The greatest number of applications have been received from Armenia (1254 people have been paid 3 million 675 thousand dollars), the United States of America (896 people have been paid 2 million 693 thousand dollars), and France (141 people have been paid 656 thousand dollars).

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