At the end of 2021 the Ministry of Interior enacted fines for not having the electronic label which was implemented in

The Electronic Label: Fines, Required Paperwork, and Prices. | Faydety

At the end of 2021 the Ministry of Interior enacted fines for not having the electronic label which was implemented in the Traffic Law of September 2021. The ministry urged car owners to head to their designated traffic units to get the electronic label and apply it.Faydety is here today to tell you all about the electronic label from the price, to the documents needed to buy it so that you don’t end up paying unnecessary fines.&nbsp;<h2>Prices of the Electronic Label:&nbsp;</h2>&nbsp;Total fee: 95 EGP&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Electronic label cost: 75 EGP&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; License fee: 20 EGP&nbsp;<h2>Conditions for obtaining the label and the required documentation:</h2>&nbsp;<h3>Valid car license</h3>&nbsp;The car must be present at premise so that the label can be applied by the appropriate personnelCopy of the national ID and license.You do not need to wait until the license renewal date to apply for the label as it is irrelevant. All car owners must head as soon as possible to their designated traffic units to get the label.How to apply online for the electronic label?The Ministry of Interior has made available the online service for all car owners with a valid license. The online service includes applying for the label as well as the online payment. The service is available through the Egyptian Traffic Portal.Car owners must submit their old licenses in order to obtain a new license indicating the presence of the electronic label. The electronic label must be applied by the responsible personnel at the traffic unit once it is received by the car owner.&nbsp;<h2>To apply for the electronic label online:</h2>&nbsp;Register through the Ministry of Interior’s online portal or the Egyptian Traffic Portal.Next, select “vehicle services”Select “electronic label payment service”Pay the requested amount online&nbsp;<h2>What are the fines for not having the label?</h2>&nbsp;The license will be revoked between 1-3 months.Jail time for no more than 6 months.Monetary fine between 300-1500 EGP.According to the traffic laws you may be subject to one of the two penalties: jail time or a fine.

Know the fine for not installing the electronic label 

The Electronic Label: Fines, Required Paperwork, and Prices.

Insurance is a contract, in the form of a policy, in which an individual or entity receives financial protection and/or compensation against losses from an insurance company. Insuring something means diverting the burden of payment for its loss from a personal responsibility to one that the insurance company bears on your behalf, in a certain percentage, depending on the type of insurance you have.&nbsp;&nbsp;The insurance company relies on calculating the probability of a loss or damage to an insured asset. If there is a high probability, then the insurance cost tends to be expensive; on the other hand, if the probability is low, the insurance cost tends to be relatively cheaper.&nbsp;Let's start with the basics.&nbsp;<h2>Insurance Policy:</h2>&nbsp;As stated briefly above, an insurance policy is a contract between you and an insurance company. This policy outlines your agreement's details and determines the claims that the insurer is legally required to pay in exchange for a premium. It essentially states that the insurer must pay for any loss or damage caused by risks covered under the policy.&nbsp;<h2>Insurance Premium:</h2>&nbsp;An insurance premium is a certain amount of money that you need to pay periodically in exchange for the maintenance of your chosen insurance policy. If you are unable to pay the premium, the insurance policy will be forfeited. If this happens and you decide you would like to keep your coverage, you may be required to pay a fine or charge a higher premium accordingly.&nbsp;<blockquote>The insurance company relies on calculating the probability of a loss or damage to an insured asset</blockquote>&nbsp;<h2>Types of Insurance:</h2>&nbsp;There are many different types of insurance. Though it is possible to divide them into two basic categories, under which the other types of insurance fall, the two categories are:&nbsp;<h2>Life Insurance / Health Insurance</h2>&nbsp;Life insurance is a contract between you and an insurance company where, in exchange for premium payments paid by you during your lifetime, the company will pay a sum of money to your beneficiaries after your death.&nbsp;&nbsp;Health insurance covers medical expenses that may arise due to illness. These expenses could entail costs of hospitalization, cost of medicines, or medical consultation fees.&nbsp;These insurance types are primarily based on individuals, although some countries go one step further and provide pet insurance. This is because, at times, the cost of medicines and veterinarian visits are higher than the costs of individuals.&nbsp;<h2>Property Insurance / Disaster Insurance</h2>&nbsp;This type of insurance reimburses an individual or business and protects a physical property against loss from theft, fire, natural disasters, etc. Property insurance covers the building or structure itself as well as its contents, whether personal or corporate, including furnishings, inventory, and other items.&nbsp;Get your <a href="https://www.faydetyinsurance.com/en">Insurance Policy</a> Now through Faydety!

What do you know about the Insurance system in Egypt? and what's its Policies, Premium, and kinds? All you need to know about insurance

The Electronic Label: Fines, Required Paperwork, and Prices.

Know the fine for not installing the electronic label

Prices of the Electronic Label:

Conditions for obtaining the label and the required documentation:

Valid car license

To apply for the electronic label online:

What are the fines for not having the label?

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