Egypt – Life insurance for the poor
Tuesday, 02 27 2018, Category: Insurance and Reinsurance, Country: Egypt
The life insurance executive council of the Insurance Federation of Egypt chaired by Mr. Ahmad Abdul Aziz recommended the life insurance companies to issue new products that serve low-income persons and poor Egyptian citizens including the owners of micro-projects. Additionally, health insurance has to be provided to these categories. The Federation considers the options available and the launch of insurance innovation initiatives to provide low cost insurance including the possibility of creating a microinsurance pool.