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Home Insurance Cyprus
The benefits of home insurance in Cyprus

The benefits of home insurance in Cyprus

Firstly, let’s dive headfirst into what home insurance is.

  • Is the financial security against your property/home that safeguards your interest in case of damage and losses that are inflicted on it.
  • In Cyprus especially, should not be considered a luxury, but a necessity that every home-owner should have.

So, why do you need home insurance in Cyprus? Let’s look at the benefits:

1.Protection Towards Home Restructure

In cases where your home is damaged due to incidents such as fire, earthquake, flood, or any similar natural disaster, then you will be compensated when wanting to repair or rebuild your home from the damages that have been caused.

This will be a huge financial relief for you and your family, as you won’t have to dig into your savings to afford the renovation of your home.

2. Living Cost Coverage

Continuing from point 1, in the case that your home is damaged due to a natural disaster or a manmade one, your insurance cover will reimburse you for the rent, hotel room, restaurant meals, and other incidental costs you incur while waiting for your home to be renovated or rebuilt.

Another financial relief as you won’t have to worry about where you will have to stay whilst you are making your home habitable again.

Home insurance cyprus

3. Protection Towards Personal Belongings

Another advantage that comes with home insurance cover, is the protection of your personal belongings against theft or natural disasters.

You’re covered by insurance to replace those items.

4. Protection against Third Party Liability

In the case that your neighbour or any other third party guest gets hurt or experiences loss/damage on their property because of you, your home insurance policy has got you covered for them.

So, who should have and invest in insurance? Well, anyone and everyone who owns a home in Cyprus!

For home insurance, contact SoEasy Insurance, and if you want to promote your business online, contact us. 

by Athena Stylli
660 Views0
Business Insurance Cyprus
5 Reasons why your company needs Business Insurance in Cyprus

Are you a small, medium or large business in Cyprus?

No matter the size, your business needs insurance for a variety of reasons.

Here are the 5 reasons why you need business insurance in Cyprus:

1. Provides insurance coverage against natural disasters

In the event that your business in Cyprus is affected by a natural disaster such as fire, earthquake, hurricane and so on, your insurance coverage will compensate you not only for the coverage of the damages cause to the building/property/equipment, but it will also compensate you for the money you couldn’t make while you were out of business.

2. Uncertain future / Peace of Mind

The future, as we know, is full of uncertainties. You never know what may happen in the future that could make it difficult for you to accomplish your business goals.
So, to ensure the safety and security of your business, you should opt for business insurance.

business insurance cyprus

3. To stay compliant

If you are own a company in Cyprus which legally has to have insurance to protect your employees, then you should do so in order to be compliant with the law.

If you opt out of having insurance, then you could find yourself in trouble.

4. Protection of your Employees

As an employee, one of your biggest capital is human resource, and you are responsible for your employees whilst they are in the workplace.

In case case an employee might be injured, the liability falls upon you, and therefore insurance will cover these costs.

5. Expanding your business

Business needs grow hand in hand with the business, and having a strong business insurance portfolio can help the owners and directors in Cyprus make important decisions.

No matter the business you have in Cyprus, it is important to commit to the best insurance for your company.

However, before committing to business insurance, make sure that you have read up on which insurance is best for your company.

If you need assistance on which business insurance to take out in Cyprus, contact SoEasy Insurance to go over your wants and needs, and we can help you pick the right one.

For online insurance, contact SoEasy Insurance, and if you want to promote your business online, contact us. 

by Athena Stylli
608 Views0

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