Insurance is defined as a social system to reduce the risk to which the individual is exposed by pooling similar risks and distributing the financial burdens that incurred on achieving them on all participants, and these noble human meanings were clearly manifested in the first forms on which insurance activities were carried out, such as the burial societies of the ancient Egyptians and the system Insurance of convoys in the winter and summer trips at the Arabs.

The insurance system is based mainly on the principles of cooperation, solidarity and consistency among the individuals participated in the system, which calls for not leaving the unlucky person who achieves the risk for him alone under the burden of loss, but all people share to bear them and accordingly the insurance system that achieves a great benefit not limited to participants in it but extends to the whole society. Life insurance cares about covering these kinds of risks that can happen to the same person, such as death, permanent disability and retirement, which result in the loss of income resulting from work completely and permanently, and the importance of life insurance has recently increased as a result of the imperative to increase the relative importance of the labor component as a primary but not the only source of income.

Life insurance is an important factor in fighting poverty which results from financial loss due to the age of retirement or death, or a complete or temporary disability as a result of illness or an accident. Hence the social importance of insurance is established, Life insurance also works to spread and facilitate education. We find contracts to provide children with sufficient security to spend on themselves if their parents die at school age, the insurance also removes the anxiety of the souls, as it ensures security for the insureds or beneficiaries of the insurance brings reassurance to himself .From the economics side, life insurance works on: 1) Increase production and efficiency, as it brings reassurance in the soul of worker or employee increases his ability to produce as the feeling of anxiety would weaken the capability of individual production is affected by the national economy, the feeling of reassurance makes the individual provide his work with ease of mind and thus increase the efficiency in production. 2) Save the exploited wealth For example, the capital is guaranteed to his family in the death of one of the joint partners and the withdrawal of his share from the capital by his heirs. 3) Large capital formation and this is the great importance of life insurance for production in particular and for the national economy in general. Thus, it is possible to take advantage of these huge amounts of accumulated sums of small premiums for many purposes, including contributing to establish companies' industrial or agricultural, commercial or other companies. The role of insurance has become essential in the economic structure as there is hardly any important economic project without the insurance contribution to finance it directly or indirectly so that its spread and breadth in any country is a criterion for its progress. The importance of insurance in these areas has been imposed controls by countries on the insurance companies and directed the employment of these huge funds and allocated a large part of them to meet the needs of public interests, most countries have also benefited from the benefits of insurance and have been encouraged by various means, such as exempting premiums and the income resulting from the investment of insurance funds from taxes or the reduction of categories, protect the custodians from the abuse of companies, and protect these companies from fraudulent and unfair competition among them.

The Income Tax Law No. 187 of 93 ensure to amend certain provisions of the Income Tax Law on the income issued by Law No. 157 of 81 advantages in respect of exemptions granted to insurance premiums, namely, exemption of insurance premiums from the tax: 1) On salaries and the like, 2) On income of non-commercial professions, 3) From the general income tax

The insurance in its current form was not known by the imams of the fuqaha, since the features of this picture did not emerge, and their sections were updated only after the transactions had expanded at the global level. The insurance in its modern form does not conflict with religion, but we believe that religion calls for it, as long as a human is enlightened in his matter, he has to take care and care for his future and the future of his family and does not leave himself in old age or if he is incapacitated or sick or leaves his children after his death is a burden on the people, and he must insure himself from the dangers that he is exposed to from his money and may come at times on all his wealth and so he himself in the destruction. Allah Almighty in the need to take caution, said: "O ye who believe, take your caution", Allah Almighty said that the prevention of danger to avoid harm "Do not take your hands into ruin", These verses are unequivocal evidence that the Islamic religion orders caution and preparation of the kit for insurance, And religion calls for insurance because it is based on cooperation and cooperation of morality and a great social recipe, Allah said: "And cooperate on righteousness and piety", and has accepted the Islamic jurisprudence idea of insurance from its inception as a kind of security. However, until the beginning of this century the public in Egypt and the Arab countries knew about the insurance in its modern form, which they did not know, and this was followed by foreign capital, as there was also ignorance and stagnation in this era some thought that life insurance limited Allah's ability, it was able to secure life except Allah, businessmen resorted to the Egyptian Fatwa House in 1903 and was appointed Mufti of the Diyar at the time of the late Imam / Sheikh: "Muhammad Abdo" they asked him about the legitimacy of life insurance, but some remained skeptical about this insurance, to conceive of this insurance in its incorrect form to take full cognizance of its structure, characteristics, legal provisions, technical foundations and moral, social and economic advantages. Insurance is a permissible contract so long as it does not conflict with religion and based on those legal and right technical foundations and achieves these great advantages, It should be noted that all pension schemes and social insurance currently in place in most countries, including Islamic countries, are based on life insurance.

Because insurance is a means to protect you from damage and losses resulting from the risks that you are exposed to by transferring the impact of those risks to the insurance company.

The insurance application is a preliminary insurance contract that can be accepted and may not be accepted upon acceptance of the insurance application the policy will be issued and considered as a final insurance contract both parties the insurance company and insured will be bound by its obligations towards the other.

Step 1: Determine your annual expenses - Step 2: Evaluate the assets you own and total household income - Step 3: Determine how much you can pay per month, quarter-yearly, half-yearly, or yearly - Step 4: Determine your insurance needs which type of insurance do you need, do you need to cover the death risk? or Disability? Does the insurance policy include a savings component besides death coverage? What is the insurance period? - Step 5: Meet your needs as provided by insurance companies - Step 6: Choose the policy that suit your financial capabilities

1) Obtaining insurance application – 2) Copy of National ID card, Attend to the medical center or one of the doctors accredited by the company to sign the medical examination and make the medical analysis in which the insured is fasting for a period not less than twelve hours.

1) The company should be notified as soon as possible and the amounts due may not be disbursed until after the policy has been returned and its annexes or a declaration of loss. 2) The beneficiary must prove his rights to the company.

1) National ID card or certified copy, 2) The official death document to be causing, 3) A medical report from the hospital where the insured died written on the company's forms and the last illness of the insured or any other cause of death if the death occurred at the home within the first two years of the start of insurance, 4) Receipt of the last installment paid

1) The original insurance policy and its annexes or the customer's declaration of loss in case of loss, 2) National ID card or certified copy, 3) Receipt of the last installment paid

Individual insurance available in the market has many individual insurance policies according to the coverage that meets the needs of the vast majority of insurance customers, the most important of which are: 1) Term Assurance: covers the death risk only, is the simplest types of life insurance, is temporary for a specified period of time, this insurance has no liquidation value is only for protection, covering death for any reason. This insurance cost is very simple and has high protection. 2) Endowment Assurance: The sum assured paid in case of death or survival until the end of the insurance and the insured also benefits by a percentage of investments achieved by insurance companies and is therefore called insurance with the participation in profits. 3) Group insurance: means the insurance of a group of individuals (usually working in one business), which can cover death or survival up to a certain age or both, as well as the total permanent disability of the service, the contractor in this insurance is the employer. The terms and benefits between the contractor and the insurance company shall be agreed upon in return for premiums paid by the contractor whether the payment is borne by the worker or the employer or both, and this insurance is considered by the employers as an additional advantage to encourage workers to increase the bid and continue to work.

When the sum assured is due for any of the reasons listed in the policy, in all cases you need to submit an application for payment of your dues from the insurance company.

Because insurance is a means to protect you from damage and losses resulting from the risks that you are exposed to by transferring the impact of those risks to the insurance company.

1) The insurance application must be in accordance with the form prepared for that by the company fulfilling all the available data and not hiding any of them or making incorrect statements. 2) The need to see the terms of the policy and commitment including in it. 3) The fulfillment of the above-mentioned insurance premium in the policy and obtain the payment receipt approved by the company.

The Insurance is a service and not a price (premium) for example, an insurance applicant can get a low bid from an insurance company, but what he cares about is the insurance service when he needs it finds the insurance company that support him (after sales service), but companies that offer low prices (With a view to aggregating premiums) the insured can't find it and may find it too late and this applies to the insurance of property in particular, since the tariff is different, although prices are assumed to be uniform. Therefore, the insurance applicant must choose the insurance company that cares about the service of its customer (Without considering the price is either high or low) as well as to know the ease of procedures for the payment of claims and hence assess the reputation of insurance companies.

You can go personally to the selected insurance company, or review its website if it offers a service through which you can apply for insurance application, you can also use an insurance broker to search for appropriate insurance coverage and to terminate insurance procedures on behalf of the insurance applicant.

Insurance Broker: A legal person who meets for a fee to negotiate with the insurance company to complete the insurance process for the benefit of the insured. & Insurance Agent: The legal person who meets for a fee to represent the physical representation of insurance company, the marketing and sale of the insurance policies, and all the works that he usually performs on behalf of the company or on its behalf.

What is going on at the insurance companies once the insurance coverage is determined and its limits, request the beneficiary to disclose some substantive material information related to the insurance subject, for example the number of accidents that have been previously exposed, or the beneficiary's medical history in the case of medical insurance or an accurate description of the health situation, and the nature of the work in details. This is often done through the so-called "disclosure form" or "insurance application" in which the applicant must answer the questions explicitly and clearly, but also urgently need to disclose things related to the insurance subject even if not asked about, this is the so-called "principle of utmost good faith", and in the case of failure to do so may result in cancellation of insurance coverage or the refusal of claim for any damage caused due to the non-disclosure, despite of the knowledge of the insured at the time of concluding the contract.

It is important to see and learn about the terms and conditions of the policy before contracting, the insurance applicant must read the terms and exceptions contained in the policy submitted to him, as well as any additional conditions or supplements that may be attached to the policy, and the question of what constituted by the terminologies or concepts, and in order to prevent future disagreements arising from its misunderstanding of the coverage and exceptions contained in the policy.

Is a natural or legal person (companies) who has the benefit specified in the insurance policy when the damage or loss occurs and the beneficiary may be identified by name.

Yes you can if you return the policy to the company office within 15 days from the issue date.

Medical insurance in our time has become one of the basic and essential types of insurance, which plays an important role in the life of human beings and societies, and in light of the continuous and noticeable increase in the prices of medicines and medical services, it is noted that there is a strong demand by the institutions and companies working in the Egyptian market on this type of insurance coverage by employees and their families in order to raise those companies and institutions on the cost of the expensive treatment costs incurred in the treatment of their employees.