An old folk’s tale claims that “an apple a day keeps the doctor away” and as we celebrate the National Eat a Red Apple Day an emphasis is made on the health benefits of red apples under the premise of “prevention is better than cure”.
Well, since something as small as an apple may affect your future have you thought how many other things may affect your financial future?
There are many decisions you can take to protect your financial security and one of them is the decision to acquire an insurance policy. Insurance policies can be personal accident insurance policies, life insurance policies, medical insurance policies, among others.
Simply put an insurance policy acts as backup when you have an accident that causes damage to yourself or your property. Insurance provides monetary compensation in times of need and will sometimes (according to the insurance policy terms and conditions) cover all damages.
One of the most important types of insurance policies. It covers medical bills of all types according to the stipulations agreed upon in the policy. The purpose of this insurance policy is to reduce the amount of money spent by a patient while they are sick in exchange for paying a set premium every year. Medical insurance can be acquired through your job, your syndicate, or through the new Health Insurance System offered by the Egyptian government.
This type allows an individual to insure their life. The insurance company is then obligated to pay the insurance amount stated in the life insurance policy to the beneficiaries in case the insured person passes away while the policy is in force (current and active). The insurance company may even pay the insurance amount to the policy owner if the agreed upon insurance term ends while the policy owner is still alive. The insurance premium for this type of insurance is usually paid in monthly installments.
An insurance policy that offers monetary compensation to the policy owner if an accident occurs. If the accident leads to a disability the insurance company shall pay the beneficiary a disability benefit while they are unable to work.
Get the best personal accident insurance policy through Faydety right now!
Your home is one of your biggest investments. It is also usually one of your most expensive belongings. It is one of if not the most important financial asset you may have. We either want our homes to last for the next generation or we view them as short- or long-term investments to be sold in the future. As such it is imperative that you protect your home/property and insure them against standard hazards.
Get the best homeowner’s insurance policy through Faydety now!
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Contact And Complaints : 01003866521
Claims : 201003916623
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If you are unsatisfied with our services, you are entitled to issue a complaint with the Egyptian Financial Regulatory Authority (FRA) in person or online through their website www.fra.gov.eg
Faydety insurance brokerage website is approved by the FRA on 01/09/2021