Chartis Egypt insures Savoy Sharm El-Sheikh

Chartis Egypt Insurance Co. has signed an agreement to insure 80 security officers of Savoy Hotel in Sharm El-Sheikh for a year with an insurance value of EGP 40 million, said Mahmoud Hussein head of personal accident insurance department.

Hussein added that the insurance policy covers death, partial disability and total disability as a result of personal accident.

It is worth mentioning that premiums volume of accident insurance department at Chartis reached EGP 10 million in the last fiscal year.