The newly created “Société d’assurance, de prévoyance et de santé (S.A.P.S.)” is an insurance company funded by 1 billion Algerian Dinars (DA) in capital subscribed by MACIF Group (41%), S.A.A. (34%), the Bank for Rural Development (15%) and the Agricultural Bank for Rural Development (10%).
Available for coverage of persons only, the insurance guarantees subscribers from the Algerian community living abroad the repatriation of mortal remains to the place of burial in Algeria.
Subscription is open for individuals and groups (through associations), with various substantial discount rates offered to groups depending on number of subscribers.
Annual insurance premium can be paid either in Algeria (2,500 DA), with no obligation for conversion in foreign currency, or from the foreign country of residence of the subscriber(s) in the amount of 25 euros (bank transaction fees additional).
To apply, please fill out the (enclosed) application for insurance and mail it to:
22, rue Didouche Mourad
S.A.P.S. can be reached at the following numbers:
Telephone: (213) (21) 63-40-24
(213) (21) 63-35-25
Fax: (213)(21) 63-39-83
Payments from overseas subscribers should be addressed to the following SAPS account with Banque Extérieure d’Algérie:
Printed Bank Account Details:
Bank Code: 002
Agency Code: 00010
Branch Code: 010
For further details, please click here.