AMIG Issues Miscellaneous Accident Insurance Policy For South Cairo Electricity Company

Arab Misr Insurance Group (AMIG) has issued a miscellaneous accident insurance policy for the South Cairo Electricity Generation Company for a year, said Walid Sayed, deputy general manager of fire insurance sector at AMIG.

This is the third insurance policy issued by AMIG for the South Cairo Electricity Generation Company in a month as it earlier issued burglary and fire insurance policies without an insurance broker, Sayed added.

The miscellaneous accident insurance policy covers the Company against breach of trust from the company’s representatives with an insurance value of EGP 30 million and risks of money transport with insurance value of EGP one billion and a maximum limit of EGP 25,000 per shipment.

It is worth mentioning that the value of fire insurance policy is EGP one million and the value of burglary insurance value is EGP 400 million.