The Jerusalem post reported on Sunday that the insurance company Geico has a policy for the 1,200 people of the ultra-Orthodox Jewish community who were evacuated from the village of Tivon in the occupied West Bank on Thursday night.
The company says that the policy covers a total of 1,020 Israeli citizens and 500 residents of the surrounding villages, with the policy covering a maximum of $1,600.
The policy also includes the cost of transportation, including emergency transport, insurance, and other services.
Geico did not respond to a request for comment.
The company’s spokesperson did not return a call for comment on the policy.
In addition, Geico will cover the medical expenses incurred by residents of Tovon, who are unable to leave the area due to the ongoing conflict.
According to the insurance provider, residents of Tel-Aviv and Jerusalem will receive a full refund for any costs incurred by Geico, including travel, food, utilities, and transportation.
The insurance company is providing compensation to all residents of those communities who were affected by the evacuation of Tovion, according to the report.
Geoco is the largest Israeli insurer, with more than $500 billion in market value.
In the past, it has been accused of being biased in favor of settlements in the West Bank and of not taking into account the interests of Palestinians in the conflict.
Gecko said in a statement that it is working with the Israeli authorities to resolve the issue and has provided financial assistance to all affected residents.
GeICO is currently the third-largest insurer in the country, behind the two insurance companies, AXA and AXA SA.
The companies do not have a contract with the government, but they do have a longstanding policy of covering “unconditional evacuation.”
Geico said in its statement that the company is also helping the families of those evacuated by paying for “unexpected medical and other expenses.”
The company has also offered to cover the costs of the families’ children, who will be sent to boarding schools.
Geikos spokesman, Shai Gil, did not immediately respond to the Post’s request for more information on the company’s policy.