‘Insurance’ announces direct commercial license issuance for non-registered in Chapter V

The General Organization for Social Insurance announced today, Monday, that individuals obligated to register under Chapter V can now directly obtain a commercial license from the Ministry of Commerce and Industry.

The institution stated through its account on ‘X’, that the General Organization for Social Insurance, in cooperation with the Ministry of Commerce and Industry, announces the possibility of issuing a commercial license directly from the Ministry without the need to review the institution, for those not obligated to register under Chapter V, namely:

1. Pensioners
2. Disability pensioner
3. Insured in the private and oil sectors
4. Not registered with the institution and has exceeded the age of (55).

Source: Al Rai