Name: Dana Insurance
Address: Iran, Tehran, South Gandhi St., Sixth St., Fadak Building, No. 2, Third Floor, Tehran, Iran

Product Technical Description

Life and Savings Insurance: The Backbone of Security and Tomorrow’s Investment

Life and savings insurance is one of the most professional and intelligent tools for protecting your life and your assets. This insurance provides comprehensive coverage against natural death and unexpected incidents, and also offers the possibility of accumulating capital and long-term savings. With this insurance, you can be sure of your family's financial security in unforeseen situations while creating funds for your future and long-term plans.

Benefits of Life and Savings Insurance:

Financial support for the family: In the event of death or an accident, the insurance pays the necessary compensation to your family or beneficiaries.
Long-term savings and investment: Part of the premium is collected as a managed investment, increasing your money's value over time.
Security and peace of mind: Simultaneous insurance coverage and savings give you and your family reassurance and financial confidence.
Flexibility in financial planning: The policyholder can plan long-term financial goals such as children's education, buying a home, or retirement with this insurance.
Strengthening personal financial culture: This insurance encourages individuals to secure their own and their family’s future through regular financial planning.

Applications and usage areas:

Life and savings insurance is suitable for those who value their family's financial security, wish to accumulate capital and long-term savings, and want to experience both insurance coverage and investment at the same time. This insurance allows for financial planning for retirement, children's education, and achieving personal financial goals. Life and savings insurance is an intelligent blend of protection and investment that guarantees the financial security of you and your family, shaping a bright, secure future for you.

Dana Insurance: Pioneer of Trust and Security in Iran's Insurance Industry

Dana Insurance Company, with more than half a century of history, was established in 1974 in partnership with UK Insurance as a joint-stock company with private sector capital. After five years of operation as a private sector company, in July 1979, based on the decree of the Revolutionary Council and the Interim Government, it was nationalized along with 12 other private insurance companies.

In December 1988, pursuant to the “Law on the Administration of Insurance Companies”, the set of nationalized insurance companies, including Arya, Omid, Pars, Tavana, Tehran, Hafez, Sakhteman va Kar, Shargh, and Melli, was merged into Dana Insurance Joint Stock Company. According to this law, Dana Insurance was assigned to review accounts and settle government and shareholder debts of the merged companies and to operate as a specialized company in the field of personal insurance.

Due to activity limitations and the inability to compete with other insurance companies, in 1996, by a parliamentary decree, Dana Insurance was authorized to expand its general operations like other insurance companies. Accordingly, from early 1997, Dana Insurance broadened its general activities and cemented its presence in the country’s insurance market.

Over the years, through the diligence and dedication of its management, employees, and representatives, Dana Insurance has consistently improved its market position while maintaining the trust of long-time clients and attracting new customers. The company has always placed significant emphasis on standardizing its operations and has obtained certificates in risk management, customer orientation, and service quality, thus stepping toward distinctive service provision.

Today, Dana Insurance is recognized by the Central Insurance of the Islamic Republic of Iran as a professional and ethical insurer. The growing trust of policyholders attests to the company’s ability to assure producers, industrialists, and shareholders alike.

With more than half a century of experience, Dana Insurance, in 2024, succeeded in gaining about 12 percent of the country’s insurance industry portfolio, ranking first among private insurers in terms of market share and customer acquisition, and securing its position as one of the leading companies in the Iranian insurance industry.

Sharmarket Categories

Life and Savings Insurance