Discover Harel Insurance for Your Financial and Investment Needs

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Sign of Stockholm Town Mutual Insurance Co established 1872 in Stockholm, WI.
Credit: pexels.com, Sign of Stockholm Town Mutual Insurance Co established 1872 in Stockholm, WI.

Harel Insurance offers a range of financial and investment products that can help you achieve your goals.

Their insurance policies provide protection against unforeseen events, such as accidents or illnesses, and can help you avoid financial burdens.

Harel's investment products, on the other hand, are designed to help you grow your wealth over time.

By diversifying your investments, you can reduce your risk and increase your potential returns.

Insurance Services

At Harel Insurance, they offer a wide range of insurance services to cater to different needs. Their team of experts can help you find the right coverage for your car, home, or business.

They have a dedicated department for handling claims, ensuring a smooth and efficient process. This department can be reached at a phone number provided in the article.

Harel Insurance also offers additional services such as financial planning and investment advice. These services can help you make informed decisions about your financial future.

Health Insurance

Credit: youtube.com, Health Insurance Basics: How Do I Choose the Right Plan?

Health insurance is a must-have for anyone moving to Israel, especially students. The Prestige policy is a yearly policy that offers continuity of medical coverage from one year to the next.

If you plan to stay in Israel for more than one year, the Prestige policy is the recommended choice. The yearly premium per insured is 4708.5 NIS.

The UMS policy is a short-term policy that doesn't offer continuity in medical coverage. It's suitable for students who come to Israel for a short-term period, up to one year.

The daily premium of the UMS policy is 11.06 NIS per insured, which translates to 4036.59 NIS per year. The insurance premium is linked to the consumer price index and the index of April 2023.

You can shorten the Prestige policy anytime if you leave Israel before the expiration date, and you'll get a refund for the days after the cancellation date. Both the Prestige and UMS policies cover Covid-19.

It's essential to present your valid health insurance policy upon arrival in Israel. The Safe Stay + policy is another option, but it's only available to researchers and their spouses holding a B/1 visa who work in Israel.

Valuation

Credit: youtube.com, Insurance Agency Valuation Basics

The valuation of Harel Insurance Investments & Financial Services Ltd is a complex topic, but let's break it down. The company's capitalization has fluctuated over time, ranging from 2.75B to 37.35B.

The P/E ratio, a key metric for investors, has also changed. In 2024, the P/E ratio was 11.6x, while in 2025, it's expected to be 8.41x.

Enterprise value, another important metric, has also seen significant changes. In 2024, it ranged from 3.13B to 12.42B, and in 2025, it's expected to be around 13.04B.

Here are the key valuation metrics for Harel Insurance Investments & Financial Services Ltd in 2024 and 2025:

The free-float, or the portion of the company's shares available for trading, is 47.59%.

News and Updates

Harel Insurance has recently made some exciting changes to their policies. They now offer a 24/7 customer support hotline for all policyholders.

Their new premium calculator tool allows users to estimate their insurance costs in just a few clicks. This is a game-changer for anyone looking to get a better sense of their insurance costs without having to spend hours on the phone with an agent.

Credit: youtube.com, Harel Insurance

In addition to these updates, Harel Insurance has also launched a new mobile app that allows users to access their policies and make payments on the go. This is a huge convenience for busy individuals who need to stay on top of their insurance needs.

Their new app also includes a feature that allows users to file claims directly from their mobile device. This is a huge time-saver and can help reduce the hassle of dealing with insurance claims.

Harel Insurance has also increased their coverage options for young drivers, offering a special discount for students who complete a defensive driving course. This is a great incentive for young drivers to learn safe driving habits and save money on their insurance premiums.

Social Responsibility

Harel Group believes that corporate responsibility is an integral part of its management approach and core values.

The company attributes considerable importance to integrating corporate responsibility into all levels of activity, recognizing that values and ethical management go hand in hand with business success and leadership.

Credit: youtube.com, Harel Group - Corporate Social Responsibility

Since 2008, Harel Group has been a member of the "Maala" organization, a non-profit ESG standards-setting organization in Israel, hosting a network of about 110 leading corporations.

Harel Group has consistently held a "Platina Plus" rating, the highest rating assigned by Maala, since 2015.

This shows that Harel Group is committed to upholding high standards of corporate responsibility and is recognized for its efforts by a reputable organization.

Frequently Asked Questions

Who owns Harel Insurance?

Harel Insurance is primarily owned by the Hamburger family, holding 49.9% of shares, with the remaining 50.1% held by the public. The company is controlled by a holding company, with three subsidiaries: Harel Insurance Company Ltd., Dikla Insurance Company Ltd., and Harel Insurance Investments and Financial Services Ltd.

What is the largest insurance company in Israel?

The largest insurance company in Israel is Harel Insurance & Finance, a leading group in the country's insurance and finance sector. Learn more about Harel's extensive services and offerings.

What is the credit rating of Harel Pension and Provident Ltd?

Harel Pension and Provident Ltd has consistently held the highest rating, "Platina Plus", since 2015, as assigned by Maala. This prestigious rating reflects Harel's exceptional performance and commitment to excellence.

Joan Lowe-Schiller

Assigning Editor

Joan Lowe-Schiller serves as an Assigning Editor, overseeing a diverse range of architectural and design content. Her expertise lies in Brazilian architecture, a passion that has led to in-depth coverage of the region's innovative structures and cultural influences. Under her guidance, the publication has expanded its reach, offering readers a deeper understanding of the architectural landscape in Brazil.

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