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
The surplus from insurance operations is the amount remaining after deducting total claims.
Eligible customers are those who meet the eligibility criteria.
You can verify your eligibility by visiting: www.salama.com.sa
Eligible customers will be notified through available communication methods such as text messages or email.
Funds can be transferred to the customer's bank account. or they can be deducted from the subscription value upon renewal.
Yes, you can track the status of the surplus distribution by contacting customer service or visiting one of our branches.
You can direct your inquiries to customer service, either by phone or by visiting one of the branches.
Funds can be transferred to the customer's bank account. or they can be deducted from the subscription value upon renewal.
The date for receiving the surplus will be determined after completing the necessary regulatory procedures, which will be announced later.