IFE To Amend Personal Accident Insurance Policy

Accident Committee at Insurance Federation of Egypt (IFE) studies amending personal accident insurance policy in its meeting to be held next Monday.

The committee will discuss implementing new benefits and conditions to the policy, said Ali Bashendy, deputy head of Accident Committee. Bashendy added that the committee had discussed extending coverage against terrorism and sabotage risks to the personal accident policy, because of the current turmoil Egypt is witnessing.

Bashendy noted that the committee intends developing the personal accident policy to comply with international standards. Personal accident insurance policy serves broad segments of customers, Bashendy added.

It is worth mentioning that the Accident Committee studies providing compulsory civil liability insurance coverage for commercial projects and public places.