Financial Authority speeds Ismailia payout

The Financial Supervisory Authority quickly moved to disburse compensation to the families of the victims and the injured of the traffic accident that occurred in Ismailia, which resulted in the death of 17 people and the injury of more than 30 others. The authority emphasized the importance of receiving the required documents promptly and facilitating the payment of a compensation of 100,000 Egyptian pounds for each death, with the amount of compensation determined based on the disability percentage approved by the Medical Committee, in accordance with the Unified Insurance Law No. 155 of 2024. It also urged contact with the families of the injured to complete the necessary procedures and finalize the disbursement of compensation as soon as possible, within the limits of the applicable insurance coverage.

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