The Definitive Guide to Living in the Capital , Cairo , Egypt

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Everything You Need To Know About Insurance Companies in Egypt

Allianz AXA BUPA insurance Insurance companies Suez Canal Insurance Wethaq Takaful
Everything You Need To Know About Insurance Companies in Egypt
written by
Arwa Hezzah

Having a well-rounded and inclusive insurance plan is incredibly important for ensuring safety for you and your loved ones. Many different entities offer various insurance plans to protect you in the way you feel would best benefit you and your family. We previously created a guide to help you navigate getting insurance through banks, and the following is a list of different insurance companies and the benefits they offer.

  1. Allianz

Allianz is one of the top providers of life insurance in Egypt. They provide plans to ensure the financial safety of your loved ones. Life insurance usually includes a contract made between an insurance provider and the insured person that guarantees a certain sum of money given to named beneficiaries in the case of the insured person’s death. It is especially important for individuals with families. An Allianz life insurance plan could be used to cover funeral expenses, mortgage payments, coverage of education expenses, and replacement of lost income. Benefits will differ depending on one’s insurance plan. Allianz also offers property insurance, health insurance, auto insurance, and more.

You can also get similar life insurance services from other companies, including MetLife, AXA Life, and Misr Insurance.

  1. AXA

If you’re looking for good health coverage, AXA is one of the top health insurance providers in the country. Health Insurance is arguably one of the most important types of insurance, providing financial protection in the case of accidents or serious illness. A good health insurance plan usually covers the costs of hospitalisation, doctor’s visits, and prescription medicines. AXA offers two types of health insurance plans: Global Health Insurance and Local Health Insurance. Both policies offer different amounts of protection and can be accessed and tracked via a mobile phone application.

Moreover, AXA has created OneHealth Medical Centers, which are smart clinics that simplify healthcare for their clients. AXA has launched digital healthcare systems, including mobile apps and medical centres linked directly to their insurance services, making getting medical attention easier for their customers. AXA also offers plans for Auto Insurance and Life Insurance.

Other companies that offer excellent health insurance plans include Cigna and BUPA.

  1. Wethaq Takaful

Wethaq Takaful provides top-notch property insurance services for various types of structures. Property insurance provides financial protection in the case of damage to a building or immovable structure. This type of insurance is especially important for homeowners and business owners. A proper property insurance policy will provide financial compensation in cases of fire, theft, or natural disasters, providing protection in the case of unpredictable damage. Wethaq Takaful offers plans that protect properties from fires and natural disasters, burglary, physical loss or destruction, and more, according to the policy you choose.

Other companies that offer similar property insurance services include Allianz, AXA, and AIG.

  1. Suez Canal Insurance

Suez Canal Insurance has very comprehensive auto insurance plans. While this may not be the most crucial type of insurance for everyone, if you own a vehicle, especially an expensive one, you should consider an auto insurance plan. Basic auto insurance plans cover legal fees or third party liability and any damage made to the vehicle, protecting you and your car in case of an accident. Suez Canal auto insurance plans are divided into two types: Compulsory Vehicle Insurance, which is legally required by the government, and Comprehensive Vehicle Insurance, which protects your vehicle against loss or damage, collision, mechanical breakdown, fire, third party damage, and more.

Other companies that offer vehicle insurance include Allianz, AXA, and Tokio Marine.

  1. BUPA

While BUPA offers many insurance services, its area of expertise is corporate insurance. Large companies and organisations usually utilise corporate insurance to protect their business’s wellbeing and the wellbeing of their employees. Most corporate insurance plans cover the business against theft and financial loss, while providing health insurance packages for employees. BUPA offers travel insurance and health insurance for employees of any business and provides comprehensive plans to specific businesses, including maritime companies, mining companies, international schools, and small businesses.

Other insurance companies that offer corporate insurance include AXA and MetLife.

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