Takaful Life Insurance Awaits CBE’s Approval for Protocols with 3 Banks

Egyptian Life Takaful Insurance Company awaits the approval of the Central Bank of Egypt (CBE) in order to start activating banking insurance protocols which concluded with 3 banks within the recent period, Hesham Abdel Shakour, Managing Director said.

Abdel Shakour spoke to Amwal Al Ghad explaining that these banks have selected according to the numbers of its clients.

Takaful plans offering new 5 insurance products via the bank’s branches and in accordance with ‘banking insurance’, noting that these policies will allure new categories of clients, Abdel Shakour noted.

The company intends expanding in its products within the upcoming phase especially in micro insurance policies so as to meet with the citizens’ demands.