Surplus

According to Article (70) Paragraph (2-H) of the implementing regulations of the cooperative insurance companies control law issued by the Insurance Authority “10% of the net surplus shall be distributed to the policyholders directly, or in the form of reduction in premiums for the next year

Insured Information


Corporate


To inquire about surplus availability for the following insurance categories:

🎯 Motor Corporate / Fleet
🎯 General Lines
🎯 Medical Malpractice
🎯 Travel Insurance

Email us at : [email protected]


FAQ

What is the insurance surplus?

The surplus from insurance operations is the amount remaining after deducting total claims.

Who are the customers eligible to receive the surplus?

Eligible customers are those who meet the eligibility criteria.

How can I verify my eligibility?

You can verify your eligibility by visiting: www.salama.com.sa

How will eligible customers be notified?

Eligible customers will be notified through available communication methods such as text messages or email.

What are the available methods for settling the surplus?

Funds can be transferred to the customer's bank account. or they can be deducted from the subscription value upon renewal.

Can I track the status of the surplus distribution?

Yes, you can track the status of the surplus distribution by contacting customer service or visiting one of our branches.

What happens if I have inquiries after receiving the surplus?

You can direct your inquiries to customer service, either by phone or by visiting one of the branches.

What options are available for transferring funds?

Funds can be transferred to the customer's bank account. or they can be deducted from the subscription value upon renewal.

When can we expect to receive the surplus?

The date for receiving the surplus will be determined after completing the necessary regulatory procedures, which will be announced later.