Economy, Business And Markets

Compulsory Insurance for Expats

Compulsory Insurance  for ExpatsCompulsory Insurance  for Expats

Parliamentarians on Tuesday passed a law to make it compulsory for foreign nationals based in Iran to have casualty insurance during their stay in Iran. According to, the Central Insurance of Iran, the biggest regulatory body of the industry, is in charge of pricing the policies for expats while Management and Planning Organization will approve the rates.