Seib introduces new insurance plan for workers

 27 Aug 2017 - 14:56

Seib introduces new insurance plan for workers

The Peninsula

Seib Insurance & Reinsurance Company (Seib) yesterday announced that it has introduced a new integrated insurance plan for low income workers, which include domestic workers and nannies,  to keep them safe, secure and healthy.

The new product is an initiative following the recent Emiri Decree on the protection of domestic workers’ rights, as stipulated by Law No 15 of 2017.  

In a statement Seib said that the product comes in the context of its efforts to help set the new law in motion, while taking care of the workers’ routine medical needs.

With the new law directing employers to provide medical care to their domestic helpers, cooks, cleaners, nannies and other workers, Seib’s new insurance plan has been designed to cover the workers’ medical and protection needs, including during non-working hours for an equivalent of as low as QR2 per day.

In addition to an out-patient insurance programme, which gives the insured unlimited consultations and follow ups with general practitioners and specialists, basic laboratory, radiology services and medicines in conformity with the offered benefits, the plan includes a family support benefit up to QR30,000 should the worker suffer accidental death or permanent/temporary disability.

To make the package more comprehensive, insured workers will also be able to take advantage of the cover during non-working hours, with the possibility of adding more features to the offer in the future.

“At Seib, we felt that it is our duty to positively contribute to this laudable drive, by providing workers with a comprehensive insurance plan that cover all their needs, yet is extremely affordable for employers. From an employer perspective, this plan also helps monitor and maintain the health status of their employees in a well-organised manner,” said Elias R Chedid, COO and Deputy CEO at Seib.

He added: “We believe that our new plan will be a valuable addition to our extensive range of insurance solutions, as well as a great contribution to the domestic workers’ protection drive.”

Seib’s corporate insurance solutions include property and first party assets, engineering and construction, energy, marine, financial lines, casualty, motor fleet insurance, aviation hull and liability, travel, and group medical insurance solutions, while its retail insurance products and services include, motor, homeowners’, pleasure boats, personal accident, local and international medical, and travel insurance solutions.

Related News

arrow Read More
Noted footballer Xavi wins Doha Bank’s Al Dana millionaire draw

 26 Aug 2017 - 21:57

Xavier ‘Xavi’ Hernandez Creus, the legendary Spanish professional footballer, who currently plays as a central midfielder for Qatari sports club Al Sadd, was crowned the winner of the mega QR1m prize in this year’s third Al Dana draw.

arrow Read More
Commercial Bank wins best franchise award from Diners Club International

 23 Aug 2017 - 0:00

Commercial Bank yesterday announced that it has been awarded the ‘Best Small Franchise in Europe, Middle East and Africa’ by Diners Club International at an exclusive event in Switzerland attended by Diners Club franchise holders and Diners Club senior officials.

arrow Read More
Al Koot launches health insurance platform

 13 Aug 2017 - 0:45

Al Koot Insurance and Reinsurance Company launched its integrated health insurance operations management platform after the company ended up a multi-year partnership with AXA Gulf.