Misr Ins. to cover judges overseeing senate elections
Thursday, 08 13 2020, Category: Insurance and Reinsurance, Country: Egypt
Egypt’s state-owned Misr Insurance has won an insurance policy tender to cover judges supervising the country’s senate elections, according to sources.
The insurance policy is with a total sum insured up to around 2 billion Egyptian pounds ($125.2 million), sources with knowledge further told Amwal Al Ghad on Monday.
The policy will cover the risks of death and total or permanent partial disability for nearly 20,000 judges, they said.
Also, the policy includes coverage of risks related to terrorist attacks and damages that may occur to the judges, the sources added.
In 2019, Misr Insurance also won an insurance policy bid worth 3 billion pounds for judges overseeing the referendum on the constitutional amendments in the country.
Source: Amwal Al Ghad