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Egypt’s Iskan Insurance Company has won a mandate to offer personal accident insurance cover for the employees of TE Data, the data communications and internet branch of Telecom Egypt.
TE Data’s personal accident insurance policy is with total sum insured of 686 million Egyptian pounds ($39 million), to serve around 3,434 beneficiaries.
The policy comes into effect next October 23 to last for four months, Noman Ashour – General Head of Marketing, brokers, and Bancassurance at Iskan – told Amwal Al Ghad.
It will cover death, impairment, temporary or permanent disability due to accidents, Ashour said.