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{Morning} are questioning the opinions of citizens on the importance of insurance
14/10/2017 12:00 am [rtl]BAGHDAD / Mustafa al-Hashemi varied views of a group of citizens surveyed by "morning" on the subject of insurance and financial and economic returns, which provided them with a service in the reconstruction of their projects, which was subjected to various risks covered by insurance documents issued by specialized companies in this area. Life insurance for individuals and groups (employees) is one of the most important issues affecting the economy of the citizen, as well as other types of insurance against fire accidents, theft and others have not developed since years because of the circumstances experienced by the country, especially in the nineties of the last century and the subsequent repercussions reflected negatively On the reality of insurance in Iraq in general. "I did not know that my husband (the employee) was late," says Shaima Obaid, a widow. He had life insurance only after I checked his department to complete the retirement pension treatment for me and my children. She pointed out that the amount of compensation was very rewarding, I received the amount of 30 million dinars, which has achieved a quantum leap in the economy of my family. She said that she bought a taxi and handed it over to her unemployed brother to work on it and earn financial income to help her cope with the hardships of life, raising her standard of living. Omar Sami, 20, said he had not heard of "insurance" and had no idea about the insurance companies operating in Iraq, indicating in an interview for "morning": I have not heard anything about this subject before and do not know what the work of insurance companies and I am not sure that the Have a role in Iraq's economy. "I do not believe that there are companies that pay financial compensation to citizens, especially that Iraq is suffering from financial crisis and difficult economic conditions. According to the annual report of the National Insurance Company for the year 2016, the amount of compensation paid by 30 billion dinars, down by 19 percent from the year 2015. The insurance sector is one of the most important pillars of the economy, with its mechanisms to support the state budget with revenues from non-oil revenues. However, the absence of insurance awareness among the citizens has clearly contributed to the decline of a large number of insurance types, which requires the Insurance Bureau and the insurance association to take mechanisms and procedures that Reactivate this important economic sector whose economic role comes directly after the role of banks to its importance. According to experts, after the exit of the country from the consequences of Chapter VII, the insurance sector still faces external and internal challenges of restoring and strengthening its relations with insurance and reinsurance companies on the one hand and the re-spread of the insurance culture among the community on the other. The insurance sector in Iraq represents three government insurance companies, namely the National Insurance Company, the Iraqi Insurance Company and the Reinsurance Company, along with 29 insurance companies and two branches of foreign insurance companies. For his part, Abu Ali, the owner of furniture exhibition, said that insurance is necessary and important in all circumstances because the insured may be exposed to various conditions such as fire and flood and the consequent economic repercussions on the owners of projects and shops. He explained in an interview with "Al-Sabah" that insurance is a guarantee and savings to meet these conditions because the insurance companies, "government or civil" pays financial compensation rewarding to the insured in the event of exposure to the types of risks covered by the insurance policy. In turn, said the specialist in insurance Saadoun al-Rubaie that the weakness of insurance awareness was the result of the consequences of international sanctions on Iraq in the early nineties of the last century. He stressed that the lack of awareness of the importance of insurance in the economic field of Iraq in general is still valid to this day, despite the efforts of some companies to improve the insurance. Al-Rubaie said that insurance contributes to public economic and financial affairs, pointing out that insurance companies often stood by their governments at the time of financial crises and started to support them with the accumulated reserves and funds, as did a British insurance company during the crisis in 1931, where contributed to save the pound from " The national economy in the United States is dependent on 10 percent insurance funds, which is a sign of the effectiveness of this sector and the important role it plays and plays in the American economic field.[/rtl] [rtl][You must be registered and logged in to see this link.] [/rtl] |
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