Ambassador Nabila Ambassador Nabila Makram Abdel Shaheed, Minister of State for Immigration and Egyptians Abroad Affairs, announced the start of implementing the first insurance policy for Egyptian expats as of Saturday, January 1, 2022.
Ambassador Nabila Makram explained that the application of the insurance policy for Egyptians abroad came in response to the requests of Egyptian expats, especially those working in Gulf countries. The policy includes insurance companies that are scheduled to implement insurance, to extend the insurance umbrella for Egyptians abroad, in line with the state's strategy to achieve insurance coverage in the market.
Registration will be made through an electronic platform dedicated to this purpose, and the ease of procedures for Egyptians abroad through this electronic platform has been taken into account, provided that the insurance premium is only 100 pounds per year.
Ambassador Nabila Makram confirmed that the Ministry of Immigration will publish the mechanisms for entering into the insurance umbrella for all Egyptian communities abroad so that they can benefit from it.
Ambassador Nabila Makram had signed, for the first time, a memorandum of understanding with Mohamed Omran, Chairman of the Financial Supervisory Authority, and Alaa Al-Zuhairi, President of the Egyptian Insurance Federation, with the aim of cooperating in the field of providing insurance protection for Egyptians working and residing abroad, by providing insurance coverage in Cases of death, transfer of bodies, accidents, and payment of appropriate compensation.
Source: Egypt Today
