Take the safest route.

Car Insurance

Explore the freedom to be safe with the Pancyprian Insurance Motor Policy.  
 
Pancyprian Insurance designed a complete car insurance solution for every need
with available flexibility so you can enjoy your routes carefree.

Third Party Liability Covers


The legal liability cover of the Insured and any Authorized Driver in case of an accident caused by or arising out of the use of the Insured Motor Vehicle within the Geographical area as specified in the Policy, against all sums including claimant’s costs, interest and expenses, which shall become legally liable to pay in respect to:
(a) Bodily injury or death of anyone person
(b) Emergency hospital care of anyone person

The legal liability cover of the Insured and any Authorized Driver in case of an accident caused by or arising out of the use of the Insured Motor Vehicle within the Geographical area as specified in the Policy, against all sums including claimant’s costs, interest and expenses, which shall become legally liable to pay in respect to third party property damage

The Company compensates the Insured against the breakage of glass in the windscreen or windows of the Motor Vehicle to the applicable limits at any given time. No deductible or loading shall apply if payment is made for this benefit.

The Company through another partner company specialized in the field, provides Road Assistance and Accident Care Services in cases of fuel/oil/water run out, change of tyre as well as for unlocking of doors (except for electronic locks) and mechanical or electrical breakdown from an accident. The services, conditions and benefits provided are described on document AY(PS)44 which is uploaded on our website.

Cover for the use of the Insured Motor Vehicle in the Geographical Area as specified in the Policy.

Geographical area

Anywhere in Cyprus, including British Sovereign Bases of Akrotiri and Dhekelia and the countries that have signed the Unified Agreement. Claims arising from events occurring in any area of the Republic of Cyprus where the Government of the Republic of Cyprus does not exercise effective control, are excluded.

The third-party liability cover arising out of the use of a trailer when it is attached to and it is towed by the insured Motor Vehicle.

The cover of the Insured (including any authorized driver who is stated on the Schedule or the Cover Note as covered by the Policy) for personal accident for the amount of €5,000 as below:
(a) Death or
(b) Total and permanent loss of sight in one or both eyes, or
(c) Loss of one or more limbs by physical severance at or above the wrist or ankle.
Persons aged above 70 years of age are excluded and not entitled to this benefit.

The third party liability cover of the Insured for driving any other vehicle (excluding motorcycles) of the same type as the insured Vehicle not belonging to him, his employer or a member of his household, and is not hired (under a hire purchase agreement or otherwise) by the Insured or by any business associate and employer, whilst driving anywhere in Cyprus where the government of the Republic of Cyprus exercises effective control. Cover is allowed provided that there is no insurance policy in force which covers the Insured for third party liability and/or the said vehicle does not maintain third party motor insurance. This extension of cover of the insured is applicable only when the vehicle’s insurance is not covering the insured to drive it.

The legal liability cover of any Authorized Passenger in the insured Motor Vehicle in case of an accident caused by or arising out of the use of the Insured Motor Vehicle within the Geographical area as specified in the Policy, in respect to:
(a) Bodily injury or death of anyone person
(b) Emergency hospital care of anyone person
(c) Third party property damage

Comprehensive
Covers

Additional Covers for the Comprehensive Cover

The Company will compensate the Insured for accidental and unforeseen loss or damage (which is not excluded), including malicious damage to the Motor Vehicle, its accessories, parts and equipment, provided that they are attached to and form an integral part of the Motor vehicle.

The compensation of the Insured in case of a claim for damages to the insured Motor Vehicle for the loss of the use of the Motor Vehicle with a maximum amount of €20 per day and for up to 10 working days. In the event that the Motor Vehicle is declared as a Total Loss no such indemnity shall be provided.

The cover of the Insured for malicious damage to the Insured Vehicle, its parts, spare parts and accessories, provided that they are fitted and constitute part of the Motor Vehicle.

The cover against loss or damage to personal belongings and clothing of the Insured (excluding money, jewellery, gold and silver items, cameras, camcorders , laptops , and telephones as well as other similar items, goods or samples that the insured maintains or transports in the vehicle for business or occupational purposes, any personal belongings or assets of any passenger in the Motor Vehicle) whilst these items are transported or stored in the Motor Vehicle, in case such loss or damage is caused directly by a fire, road accident, collision, self-ignition, lightning, explosion, theft or attempted theft in the Motor Vehicle, whilst the Motor Vehicle was locked up to the amount of €1.000 for each incident.

Replacement of the insured Motor Vehicle with a new motor vehicle of the same brand, model and specifications provided that:
(i) The loss or damage occurred within the first year from the registration of the Motor Vehicle
(ii) The Motor Vehicle was purchased new by the Insured
(iii) The cost of repair of the Motor Vehicle exceeds 60% of the value of the vehicle according to the price list of the manufacturer’s representative in Cyprus, or the manufacturer in the case where there is no official representative in Cyprus at the time of purchase of the vehicle.
(iv) There is available in the market, at the time of loss or damage, a vehicle of the same make, model and specifications as the insured Motor Vehicle. In the event that there is not available the maximum amount to be paid is the market value of the Motor Vehicle at the time of its purchase.

If the motor vehicle is disabled by reason of loss or damage insured under the policy the company will, subject to the limit of liability as defined on policy, bear the reasonable cost of protection and removal to the nearest repairers.

Additional Covers

You can add even further covers/expanded limits with an additional cost 

Cover provided to the vehicle for damages caused from natural perils such as flooding, storm, tempest, tornado, typhon, cyclone, earthquake or other natural phenomena 

Increased amount offered for the cover of the vehicle windscreen and windows in case of claim damage

The possibility of not paying the excess amount for your vehicle's own damages in case of a claim

Cover for protecting the renewal premium from being charged possible loading derived from the payment of a claim

Increase of the personal accident coverage amount for the driver in case of an accident