الهيئة العامة للرقابة المالية

Dr. Islam Azzam, FRA Chairman extends his profound condolences and sympathy to the families of the victims and those injured in the Kafr Dawood–Sadat Road accident in Menofia Governorate. Dr. Azzam prays that the Almighty grants the deceased His vast mercy and provides their families with patience and solace, while wishing the injured a swift recovery and a safe return to their homes.

In this context, Dr. Islam directed the Egyptian Compulsory Insurance Pool (ECIP) to promptly take the necessary measures to disburse the due compensation to the families of the victims and the injured of this tragic accident.

FRA Chairman emphasized that the Pool must immediately contact the affected families to expedite payouts. Under the Unified Insurance Law No. 155 of 2024, compensation is set at 100,000 EGP per fatality, while injury payouts are determined by Medical Board disability ratings. Settlements will be finalized promptly upon the verification of accident documentation and the validity of the compulsory insurance policy.

Following FRA Chairman’s directives, the Executive Director of the Egyptian Compulsory Insurance Pool (ECIP) confirmed that representatives are proactively contacting victims’ families to finalize documentation and ensure the swift disbursement of compensation.