W000507
Thursday, November 22, 2001 10:17 PM
WTC and insurance
Dear Sirs,
I do not believe that the earnings potential of the WTC terrorist attack
should have an "age cap," nor that deductions be taken due to charity donated
to the families of victims, nor be affected by victim's life insurance
policy. I hope that those who are the survivors of victims will be given the
right to appeal any decisions taken in this regard.
SIncerely,
Attachment 1:
Help a community family hurt by the WTC tradgedy
PS - We received the following note from : :
I have been receiving your Shabbat Shalom from Cyberspace and
"Minute" letters for quite awhile. Thank you. I have also been sending it on
to those that I know would like to receive it. I now have to ask you to do
the same for me. If you received the November issue of the Sephardic Image
Magazine please read the article I wrote so that the community would get to
know the family that I asked people to pray for. The story begins on page 54.
I need your help to reach as many people as possible in order to prevent
another injustice from befallling upon family.
And I am still asking for people who want to donate to please make
their donation thru 's Super Fund earmarked " ."
As we all now know The Twin Towers Fund is going only to the families of the
Firefighter, Police, EMS and Port Authority Police who perished. They are
very deserving however so are the other innocent victims and their families.
We know in our community that "if I am not for myself then who should
be for me?" Charity must begin at home!!!
Dear Friends,
You have all been so wonderful in Praying for the saftey of my Great
nephew, . Unfortunately we now know that he was among the victims
of the disaster of the Twin Towers.
At the same time the family has been notified that the Justice
department is going to make a decision as to how to help the families of
those inocent victims of terrorisim who were either on the ground or in the
planes. They do not want a law suit because they believe that will force the
airlines into bankruptcy and then nobody will get anything.
They are interested in puplic opion regarding the following criterion
for distributing the funds.
The general idea is to give each family the amount that the deceased
would have earned during their working life, had he or she lived. This is the
standard by which law suites are usually settled.
The problem is that in this case they want to subtract from the total
designated for each victim's family the folowing:
1-Deduct the value of any life insurance the deceased my have
2- Take out the value of any gifts (charity contirbution) the family
may receive.
3-Put a cap of age 58 (instead of 65) on the potential lifetime
earnings the deceased would have earned.
4-Take away any right of appeal by the victim's dependants.
To make this understandable--Imagine if your insurance company told
your family that your million dollar policy will only pay your heirs the
million MINUS----any savings, or gifts, or less the years that you didn't
pay. Therefore, theoretically if you saved $50,000 and your friends want to
help your family and they donate $50,000 and you only paid for 6 years on a
20 year life policy (est.) $25,000 per year.This means that the remaining 14
years of payments (Approx. $350,000), plus the $100.000 above will be
deducted first and your beneficiarys will receive only $550,000 and not the
million you thought you paid for.
PLEASE EMAIL THE JUSTICE DEPT AT THE FOLLOWING ADDRESS:
victimcomp.comments@usdoj.gov
To Whom It May Concern:
a) We believe there should be no age cap on the earnings potential of
the victims of this terrible tragedy. Why should they have a cap if the rest
of us are looking at retirement now starting at age 70.
b) There should be no deductions for any charity received by the
victim's dependants. They are ENTITLED to their share REGARDLESS of any gifts
they may have received.
c) Life insurance was PAID for by the Victim and should not have any
bearing on what the family has a right to.
d) The right to appeal should not be denied to those who are suffering
due to the tragic losses inflicted on them by this horrific event.
Signed, (your
name)
Please send this to as many people as possible as the deadline is November
25, 2001
Thank you all and May Ha Shem Bless you.
Love,
Individual Comment