Egyptian Expats Can Now Receive Higher Payouts From Accident Insurance

Egypt has officially upgraded its personal accident insurance policy for citizens living abroad, raising the maximum payout for cases of death or permanent total disability from EGP 100,000 to EGP 250,000. The new terms came into effect in July, aiming to enhance financial protection for Egyptian nationals and their families in the event of serious incidents overseas.

Jointly developed by the Ministry of Foreign Affairs and the Financial Regulatory Authority, the updated policy covers natural and accidental deaths, as well as permanent total disability. Notably, the new framework also allows Egyptians who do not hold official work permits to subscribe to the policy through Egypt’s designated insurance agency.

For natural deaths, the insurer will cover the actual cost of body repatriation up to the EGP 250,000 cap. If the burial takes place abroad, the agency will instead provide the equivalent value of repatriation expenses. In the event of accidental death, the insurer will arrange for repatriation within one year of the incident and distribute any remaining funds to legal heirs. Eligible policyholders must be between 18 and 70 years of age at the time of the incident.

The policy update follows sustained consultation with Egyptian communities abroad. The reform is expected to benefit millions of Egyptians living and working outside the country.