Arab Misr GIG Plans Marketing Poultry Insurance Policy via PBDAC

CEO – Reinsurance & head of Technical Affairs Department at Arab Misr Insurance  GIG Ali Bashandy said his company plans marketing poultry insurance policy which covers the death of the insured poultry due to sudden accidents and illness during the period of insurance that approved by Egyptian Financial Supervisory Authority (EFSA) via Principal Bank for Development and Agricultural Credit (PBDAC).

This policy is one of the most important policies for Ordinary citizens, noting that marketing it through PBDAC will contribute to allure new clients as this bank specializes in livestock’s loans, Bashandy explained.

Moreover, the policy covers additional risks namely; death and infertility caused by improper transportation, death caused by theft, loss caused by escape and permanent loss. The policy also covers removing debris, machinery breakdown down and sudden temperature change, he added.