AMIG Launches First Micro Insurance Policy

Arab Misr Insurance Group (AMIG) is about to launch the first micro insurance policy for individuals and families in Egypt next May.

AMIG succeeded in creating a strategic partnership with the second largest insurance company in India which is from the largest medical insurance companies in the world and is serving 50 million individual customers.

AMIG has made different researches on this insurance policy for a year in a way to serve low-income people who could not meet the needed costs for any emergency, said Makeen Lotfy, Business & Products Development DGM at AMIG.

This insurance policy is with cheap premiums and covers many cases that require staying in hospital including birth delivery cases. In addition, the policy extends coverage to insured’s family.

AMIG facilitated the procedures for issuing this insurance policy as the required documents are a photocopy of ID or birth certificate and a personal photo for each member of the family.

Lotfy called on non-governmental organizations, microfinance companies and businessmen to demand this policy so that all Egyptians will have medical insurance.