Nefesh BNefesh

Many companies in Israel that offer insurance coverage for your home, car, etc. Many of these companies also offer life insurance and supplementary health coverage options.

Tips:

• Car insurance includes two elements: Chova (compulsory) – where you determine which drivers are permitted to drive the car, and Makif (comprehensive) for coverage of theft and accidents.
• In order to receive a mortgage, you must have life and building insurance.
• Always bargain! Rates are never fixed.
• All companies offer special health insurance options that may include additional coverage not covered by your Kupat Cholim.

You can find a listing of insurance agents on the NBN Business Directory.

You can also contact some of the larger companies directly. The direct companies do not have personal agents, so expect to speak with a different representative each time you call. However, their rates are cheaper; if you purchase insurance directly from the insurance company rather than through agents, you avoid incurring commission fees.