The insurance companies listed on the Kuwait Stock Exchange have started issuing insurance policy documents for non-graduate expatriates 60 years and above and according to Al-Rai daily the Warba Insurance Company was one of the first insurance companies to issue the insurance cover for this category of expatriates in line with the decision issued by the concerned authorities.
The daily said there was a rush to buy insurance policies by the non-graduate sixty-year-olds to get their work permits renewed.
The Warba Insurance Company said the document is called ‘Tayeb’ and so far a big number of this category expats have purchased the insurance policies for 500 dinars — the price decided by the authorities.