Finance announces the launch of work document “wellness insurance” for all citizens

Finance announces the launch of work document “wellness insurance” for all citizens

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14-02-2014 .. Baghdad (news) .. Ministry of Finance announced the launch of the Iraqi working document ‘insurance wellness’ to the general public.

The Sadeq Abdel Rahman Hussein, Director General of the National Insurance Company of the ministry in a statement received by the Agency (news) copy of it: that his company has introduced ‘policy’ new complementary to the certificate of life insurance, a document ‘insurance wellness’, as can any citizen from which to believes his health.
He added that the document include the establishment of the company, regardless of compensatory amounts (Insurance) to the beneficiary at the request of one of the wounded in case of chronic diseases or incurable cancer, diabetes, blood pressure, heart or exposure to injuries such as blindness and paralysis satisfactory.

And between: the ‘document serves as a contract between the company and the beneficiary Sticky personal data for student insurance and the value of insurance premiums and fees or financial payable for insurance purposes and whether the payment will be annually or quarterly depending on the type of document along with the period of insurance’.
He stressed: that compensation in the insurance policy on the wellness acted immediately to the contractor with the company after it proves through committees specialized medical and injury patients it abruptly, noting that the company will go along with document wellness and insurance on the lives of individuals and other documents to insure personal items, as well as on all assets for both the public and private sectors from various accidents, and in the case of expiration of the contract we are recovering all amounts added a portion of the profits to being an investment company.

He continued, ‘and is entitled to the insurance company and in accordance with the Employment Act funds in various aspects of investment such as real estate, deposits, remittances and the IPO shares of joint stock companies in the private and mixed sectors as well as mortgage lending raising public awareness’.
He Hussein: that his company is seeking to raise insurance awareness among the citizens and all the owners of transnational corporations to encourage them to insurance ‘and we have under this objective plan for the annual dividend on contractors us from policyholders both by maturity, after offset between compensation paid and the premiums Finance received in end of each year. ‘

For his part, said Thamer Mohammed Abdul Karim Branch Manager National Insurance Company in Baghdad: It is people can benefit from the insurance policy on wellness and they are alive Unlike life insurance, where the disposal of compensation only after verification of death.

He added that the new document ‘provides precisely the advantage of health insurance for individuals about stroke and heart attack and paralysis of the parties and the incidence of various types of cancer or any chronic illness or intractable’.
Abdul Karim said: that this document takes effect six months after signing with the beneficiary ‘, pointing out that’ in the event that the owner of the document to harm patients would pay him the amount of the insurance company agreed ‘.

He emphasized that the ‘insurance policies are gaining great importance, it allows the owners of individual and corporate insurance coverage guarantor of their lives and property against traffic accidents, theft, fire, explosions and various material losses, as the insurance sector played a major role in moving the national economy and support the state’s revenues.’
He pointed to Abdul Karim said his company ‘works to increase community awareness of the need for insurance and the development of the sector to activate its participation in the achievement of the overall national development’.
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