Delta Insures Sold Vehicles Of Ghabbour Auto, Peugeot

Delta Insurance Company signed insurance contract to insure the sales of Ghabbour Auto and Peugeot for a year, said Ibrahim Labib, head of motor insurance sector at the company.

Sources said the insurance policy covers the sold vehicles of both companies against risks of fire, burglary, miscellaneous accident and damages.

The company will give the customers the option to incur 25% of the value of car benefits or a 50% increase in the charges of car thefts.

It is worth mentioning that Delta Insurance Company achieved direct motor insurance premiums of EGP 14.6 million in Q1 of FY 2012/2013.