Morocco, insurance draft bill against natural catastrophes
The governmental council has adopted a bill providing for the establishment of an insurance scheme to cover natural catastrophes.
The provision shall ensure the promotion of a plan with two levels of protection. The first level dedicated to victims having insurance contracts and the second for those devoid of any protection.
The bill will also ensure a minimum threshold compensation for individuals having sustained bodily damage and for those having been affected by the loss of their dwellings upon the occurrence of a natural catastrophe.
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Mon, 09/05/2016 - 10:58
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