Magazine date:
Mar 2008 The company Tawuniya is preparing an insurance plan designed to foreigners accomplishing their Haj pilgrimage and Umrah. Tawuniya has signed agreements with Bahrain Kuwait Insurance Company (Bahrain) and Al-Ain Ahlia Insurance Company (UAE) for the marketing of a product called “Manasik”. Both partners will be operating as Tawuniya's agents. The number of pilgrims amounts every year to 1.5 million for Haj and about 5 million for Umrah. The premium sum amounts to 100 SAR (26 USD) and that of the cover to 25 000 SAR (6680 USD). The policy remains valid for a period of one month. Tawuniya is intent on engaging discussions with the insurance companies of the other Muslim countries in order to market the policy.