Egypt – Federation to apply political violence insurance on tourists
Friday, 09 18 2015, Category: Insurance and Reinsurance, Country: Egypt
Head of Accidents Committee in the Egyptian Insurance Federation Mr. Ali Bashandy asked for the implementation of the political violence insurance within the coverages offered to visiting tourists in Egypt of which the most important is the “civil liability” insurance purchased by travel companies to insure their customers in addition to the personal accident insurance. So this will be an addition to the personal accident insurance endorsed by the Egyptian Financial Supervisory Authority.
He indicated that the accepted practice is to set the death accident at USD 50,000 per person and USD 50,000 for total disability or permanent partial disability.