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اليوم السابع
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First Egyptian insurance covers dismissal
The General Authority for Financial Control has issued a decision to update the voluntary insurance policy for Egyptians abroad, to include for the first time coverage against arbitrary dismissal. The new policy will be implemented starting August 1st, with an annual premium of 400 EGP. It offers compensation of up to 100,000 EGP in case of arbitrary dismissal, in addition to coverage for total disability resulting from an accident valued at 250,000 EGP. This step is part of the state's efforts to protect the interests of Egyptians abroad and reflects cooperation among several ministries and institutions to enhance their insurance security.
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