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Cooperative insurance for crowded high-risk areas
The Insurance Authority and the General Directorate of Civil Defense have launched a co-insurance policy for third-party liability covering crowded places and high-risk activities in Saudi Arabia. The goal is to cover the civil liability of establishments for bodily injuries and material damages resulting from incidents occurring within the included sites. This insurance is mandatory under the decision of the Council of Ministers and must be obtained as a condition for obtaining the Civil Defense permit to conduct high-risk activities. The insurance aims to support business sustainability, reduce the financial impact of accidents, and enhance confidence in the investment environment within the Kingdom, in line with Saudi Vision 2030.
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