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Insurance Business: Egypt mulls mandatory travel insurance for tourists

Tourists would have to make sure they’re covered for personal accident, total disability and death, and medical treatment.
03.09.18 | Interesting article at Insurance Business

Egypt is reportedly planning to require tourists to secure travel insurance before entering the country. Tourists would have to make sure they’re covered for personal accident, total disability and death, and medical treatment.

The International Travel & Health Insurance Journal reported that the Egypt’s Financial Regulatory Authority is conducting a study to gather data on mishaps involving tourists. Citing the regulator’s vice-chairperson Reda Abdel Moaty, the journal said the study will be completed by mid-September and will be used “to determine the value of premiums and collection methods.”

The report added that a major international insurer may then be selected to deliver the insurance via a tender through the FRA.