Egypt – Coverage of visiting tourists left to companies
Friday, 07 24 2015, Category: Insurance and Reinsurance, Country: Egypt
The Head of Accidents Committee in the Egyptian Insurance Federation Mr. Ali Bashandy said that there are different kinds of insurance policies to cover the risks to which tourists are exposed during their visits to Egypt. He clarified that the most important policy is the one covering the civil liability obtained by travel companies to cover their clients.
He added that visiting tourists have been granted the accident policy according to the model approved by the Egyptian Financial Supervisory Authority where the price or any additional coverage to the travel company will be left to every insurance company individually.
The Death benefit will amount to USD 50,000 per person, the Total or Partial Disability will amount to USD 50,000 and treatment to an injury will be limited to USD 5,000 as a maximum.