Minister of Emigration and Expatriate Affairs Nabila Makram said that coordination in underway with the Ministry of Interior and the Financial Regulatory Authority and Insurance Federation of Egypt (IF-Egypt) to start issuing insurance certificates for Egyptian expatriates as of January 2022.
In a statement on Monday, the Emigration Ministry said the certificates will be approved by FRA and will cover all Egyptians who have working licenses abroad and will einsure them compensation in cases of accidents. In case of death, the certificate's maximum insurance limit is estimated at EGP 100,000 in return for transporting the dead's body for home.
She added that the insurance program includes EGP 300 fees for issuing the passport for the first time in cooperation with the Interior Ministry. Meanwhile, fees for renewing the insurance document is valued at EGP 100 to cover accidents.
The fees will be paid through opening an account at the Central Bank of Egypt and it will be allocated for paying compensations to all expats in cases of accidents, she explained.
She went on to say that some articles in the statute of the collective insurance system on travel documents will be amended to comply with the protocol signed between the Emirgation Ministry, the FRA and the Interior Ministry in September.
Makram also extended thanks to Minister of Interior Mahmoud Tawfiq for backing the initiative and issuing directives on acceleration of the implementation steps. She also thanked FRA Mohamed Omran and Head of IF-Egypt Alaa Al Zuheiri and other parties concerned with issuing such documents to meet the need of Egyptians abroad and better serve their interests.