Egypt’s Financial Regulatory Authority Chairman Islam Azzam has directed the Egyptian Compulsory Motor Insurance Pool to expedite compensation for families of those killed and people injured in a road crash in Giza governorate. The preliminary toll was 10 deaths and more than 24 injuries. Compensation under the Unified Insurance Law No. 155 of 2024 amounts to EGP 100,000 per death. Injury payments depend on the disability percentage determined by the medical commission. Payments require complete accident documentation and confirmation that the compulsory insurance policy was valid, and remain subject to applicable coverage limits. Pool representatives will contact victims’ families to obtain the documents needed to begin payments.
Egypt’s Financial Regulatory Authority orders expedited crash compensation, including EGP 100,000 per death
Egypt’s Financial Regulatory Authority has instructed the Egyptian Compulsory Motor Insurance Pool to speed up compensation following a fatal road crash in Giza governorate. Compensation amounts to EGP 100,000 per death, while injury payments depend on disability assessed by the medical commission. Payment requires complete accident documentation and a valid compulsory insurance policy, subject to applicable coverage limits.