The Egyptian Takaful – Life signed an agreement to insure the workers of TE Data over a year with premiums value of EGP 8 million, said Hisham Abdel Shakour, managing director of the company.
The insurance policy includes the pension insurance coverage which enjoys an insurance premium that is determined according to the amount they desire to receive at the retirement age.
It is worth noting that Egyptian Takaful – Life targets to achieve premiums of EGP 120 million in FY 2012/2013.