Egypt – New motor compulsory ins. System
Monday, 10 01 2018, Category: Insurance and Reinsurance, Country: Egypt
The Insurance Federation of Egypt revealed that it is studying the creation of a compulsory motor insurance program in order to protect both the companies and citizens as well as eliminate fake insurance.
In fact, many fake insurance contract are issued in the market, so the claim will be rejected when an accident occurs.
Source: Auto Ahram