It is an amount (250 EGP), that's placed at the time of issuance of any policy and in the case of the client's request to delete this deductible the price increases.
Note:
It is known and agreed that the insured will pay the 250 EGP for each accident.
Without Deductibles
If the customer chooses this option, the price will be reduced.
Note:
It is known and agreed upon that the insured will pay 0.004 times the amount of insurance for each accident.
For Example:
The price of the vehicle is 300,000 EGP and the price is 4% + The total installments net which will be 12,780 EGP (250 EGP + Dealership + theft). If the customer chooses the without the deductibles optional than, 4% of the insurance, the price will be reduced by 20% Is 3.2% ++ net and therefore the total installment will be 10240 EGP (endurance 250 EGP + 0.004+ Dealership + theft).
Note: 4 per thousand is calculated as follows
300,000X4
---------------
1000
Which is Equal to 1200 EGP + 250 EGP = 1450 Total transactions with the document + Dealership + theft
Please note that the Deductibles are divided as follows: