General on Pitsas Insurance

Cyprus insurance in 2025. How to save money on insurance in Cyprus

Fri, 22 Dec 2023 00:00:00 +0000

A complete guide to Cyprus insurance

In this analytical guide to Cyprus insurance, we will cover the main types of individual and business insurance contracts provided in Cyprus.

We will also present the range, average and minimum cost of most insurance contracts.

We will then suggest easy and smart ways to decrease the costs of Cyprus insurance plans.

Following our advice, you might save hundreds or even thousands on insurance policies.

Insurance in Cyprus in 2025. How to save money on insurance in Cyprus.

Fri, 22 Dec 2023 00:00:00 +0000

A complete guide to insurance in Cyprus

In this comprehensive insurance guide, we will cover the whole range of individual and business contracts provided in Cyprus.

We will also present the price range of insurance products, including the average and minimum cost of most insurance contracts.

We will also give you tips on how to decrease the cost of your insurance contracts without compromising the quality of your coverage.

Table of contents

Group life insurance in 2025. A complete guide.

Thu, 21 Dec 2023 00:00:00 +0000

Group life insurance

All types of life insurance, including group life insurance, are designed to ensure your loved ones are financially protected after your death.

Employers or organizations often offer group life insurance to their employees or members. It’s an attractive incentive and an affordable insurance option with many benefits.

Whether you’re an employer or an employee looking into group life insurance, here’s everything you need to know. We will cover what it is, how it works, and its benefits.

Indexed universal life insurance in 2025. A complete guide.

Thu, 21 Dec 2023 00:00:00 +0000

Indexed universal life insurance

Indexed universal life insurance is quickly becoming one of the most desired insurance and investment options, but what is indexed universal life, and how does it work?

Indexed universal life, or IUL, is a complicated insurance product with many benefits. However, like any insurance product, it has some drawbacks (depending on your circumstances.)

Like most life insurance, your needs will determine whether the product is suited to you.

Commercial auto insurance in 2025. A complete guide.

Wed, 20 Dec 2023 00:00:00 +0000

Auto commercial insurance

Whether you drive a company or personal vehicle for business purposes, you may require commercial auto insurance.

Understanding how commercial auto insurance works is essential when considering it for any business activity.

In this guide to commercial auto insurance, we will cover what it is, why you need it, and help you compare coverage to find the best commercial auto insurance.

Table of contents

What is commercial auto insurance?
What does commercial auto insurance cover?
Commercial auto liability insurance
Is commercial vehicle insurance required?
Commercial auto insurance vs personal
Does commercial auto insurance cover personal use?
Is commercial auto insurance cheaper than personal?
How much is commercial auto insurance?

What is commercial auto insurance?

Commercial auto insurance is vehicle insurance that covers physical damage and liability claims whether you, your employees, or another party was at fault.

Short term medical insurance in 2025. What is short term health insurance?

Wed, 20 Dec 2023 00:00:00 +0000

Short term medical insurance

Short term medical insurance, also known as short term health insurance, can provide temporary medical coverage under certain circumstances.

These temporary health insurance plans include different features compared to standard health plans.

In this guide to short term medical insurance, we will examine what it is, when you might need it, its benefits, and if it’s the right choice for you.

Table of contents

What is short term medical insurance?
Who is eligible for short term medical insurance?
What does short term medical insurance cover?
What are the pros of short term medical insurance?
What are the cons of short term medical insurance?
Will short term medical insurance cover pre-existing conditions?
Is short term medical insurance the right choice for me?
How can I buy a short term medical insurance plan?
The best short term insurance plan
Short term medical insurance cost

What is short term medical insurance?

As the name implies, short-term medical insurance is a type of insurance policy that provides temporary medical coverage, usually from a few months up to a year.

Life insurance vs health insurance in 2025. A complete guide.

Tue, 19 Dec 2023 00:00:00 +0000

Life insurance vs health insurance

Life insurance and health insurance have distinct purposes and are designed to cover different things.

The main objective of a life insurance policy is to provide a cash benefit to your chosen beneficiaries upon death. On the other hand, health insurance provides you with financial protection in case you become ill.

While life insurance pays out to the insured individual’s beneficiaries, health insurance pays out for the insured individual’s healthcare expenses.

Van commercial insurance in 2025. A complete guide.

Tue, 19 Dec 2023 00:00:00 +0000

Van commercial insurance

Commercial van insurance helps protect your business vans and vehicles, whether you use delivery vans or own a fleet of cargo vans.

This type of insurance helps cover vans you use for business purposes and shields you from costs associated with vehicle damage and driver injuries.

In this guide to van commercial insurance, we will cover the following:

What is commercial van insurance?
What does commercial van insurance cover?
Commercial van insurance vs personal
Non commercial van insurance
Commercial van insurance any driver
Commercial cargo van insurance
Commercial van insurance coverages
Commercial van insurance cost

What is commercial van insurance?

Also known as business van insurance, commercial van insurance tends to have higher coverage limits as business vehicles require more protection.

What is twisting in insurance? Everything you need to know

Mon, 21 Aug 2023 00:00:00 +0000

Introduction. What is twisting in insurance?

In short, twisting is the act of inducing or attempting to induce a policy owner to drop an existing life insurance policy.

This act is intended to entice the insured to take out another policy that is substantially the same by using misrepresentations or incomplete comparisons of the advantages and disadvantages of the two policies.

Insurance policies such as life insurance policies are dynamic and constantly changing to include benefits and more options to make them versatile for policyholders.

Insurance in Larnaca. Affordable insurance in Larnaca.

Thu, 17 Aug 2023 00:00:00 +0000

A complete guide to insurance in Larnaca

Our complete guide to insurance in Larnaca will briefly highlight the various types of personal and business insurance contracts you can buy in the city.

We will also present what you can expect to pay for each contract, including the ranges, averages and minimums of most, and suggest easy ways to decrease the cost of your insurance. You might save hundreds or even thousands by following our advice.

How Long Do Accidents Stay On Car Insurance? A Complete Guide

Sun, 13 Aug 2023 00:00:00 +0000

How long do accidents stay on car insurance?

Car insurance premiums may increase as you age and become harder to obtain. However, you should always disclose your relevant information according to the law.

Disclosing previous accidents is also necessary, even if this will increase the price of your car insurance. Whether the incident at hand was your fault or not, disclosing the accident may help you further down the road. Withholding car accident information could make your insurance void.

Construction all risk insurance. A complete guide

Sun, 06 Aug 2023 00:00:00 +0000

Construction all risk insurance

As suggested by its name, construction all risk insurance is an insurance policy that covers “all risks.” These risks are normally associated with the hazards and incidents that might arise during the course of a construction project.

Commonly issued under the joint names of a contractor and the client, or a business and its customer, all risk insurances usually include various coverages in one policy. Moreover, two specific types of insurance are combined in an all risk policy.

Electrical contractors insurance. What is electrical contractors insurance?

Wed, 02 Aug 2023 00:00:00 +0000

Introduction to electrical contractors insurance

Electrical contractors play a key role in our infrastructure, ensuring that homes and businesses have the necessary energy that they need to function.

Some people who are drawn to the electrician profession opt to work with an existing business, while others decide to set off on their own as electrical contractors.

Whichever role you consider taking or have, understanding the operating costs of running an electrical contracting business is essential.

Is Life Insurance Worth It? A Comprehensive Guide About Life Insurance And Its Alternatives

Fri, 28 Jul 2023 00:00:00 +0000

Is life insurance worth it?

If you currently have life insurance or are weighing up your options, you may wonder if life insurance is worth it. Life insurance can be a worthwhile investment in all circumstances. But there are some exceptions to this rule. A life insurance policy can payout more than many can afford to save in their lifetime. However, life insurance has its disadvantages and may not be the best option for everyone.

What is Face Amount in Life insurance? Everything you need to know.

Wed, 26 Jul 2023 00:00:00 +0000

Overview

The face amount in life insurance is the sum equated to the life insurance policy's worth, also known as the death benefit or the face value of life insurance. In short, the face amount is the sum of money owed to your chosen beneficiary when the policy expires.

In this article, we will cover face amounts in life insurance.

What is face amount in life insurance?

Your face value, or face amount, is the sum of money your beneficiaries will be owed at the time of your death. Face value is sometimes used interchangeably with a death benefit, coverage amount, or face amount. When you buy life insurance, this coverage is what you’re paying for.

Expat insurance in Cyprus. Affordable expat insurance in Cyprus.

Sun, 14 May 2023 00:00:00 +0000

Expat Insurance in Cyprus

In this analytical guide to expat insurance in Cyprus, we will examine the main types of insurance available in the country and what each covers.

Additionally, we will present the average and minimum cost of most insurance contracts in Cyprus and what you can expect to pay for expat insurance.

We will also suggest easy and clever ways to decrease the cost of your insurance. You can save up to thousands on one contract by following our advice.

Insurance in Nicosia. Affordable insurance in Nicosia.

Fri, 12 May 2023 00:00:00 +0000

A complete guide to insurance in Nicosia

This complete guide to insurance in Nicosia will cover the various types of insurance you will find in the country’s capital.

The types of insurance products that are sold in Cyprus are divided into two broad categories known as individual and business insurance.

We will present the range, average and minimum cost of these insurances and suggest clever methods for decreasing the cost of your insurance.

What is variable life insurance? A complete guide.

Thu, 11 May 2023 00:00:00 +0000

Variable life insurance

Variable life coverage is a type of permanent life insurance. It includes a cash value, investment variety, fixed premiums, and death benefits.

Variable life insurance offers protection for the lifespan of an insured individual so long as premiums are paid.

In this guide to variable life insurance, we will examine what it is, when you might need it, and compare it with variable universal life insurance.

Table of contents

Insurance in Paphos. Affordable insurance in Paphos.

Sun, 07 May 2023 00:00:00 +0000

Insurance Paphos – A complete guide

In this detailed guide to insurance in Paphos, we will examine the common types of insurance contracts you can buy in the coastal city in the southwest of the island.

Specifically, we will present the two categories of which these insurances are classified: individual and business insurance.

We will also provide the costs of most insurance contracts, i.e., the ranges, averages and minimums and suggest clever ways to decrease the price of your premiums.

What is term life insurance no medical exam? No medical questions life insurance. A complete guide.

Sat, 06 May 2023 00:00:00 +0000

Term life insurance no medical exam

Buying life insurance doesn’t need to be complicated.

Some policies allow you to simplify the process even further by offering life insurance that doesn’t involve a medical exam.

Term life insurance no medical exam is among the easiest ways to get the life insurance protection you need.

This type of insurance may appeal to you for reasons other than speed. Depending on your needs, life insurance with no medical exams may be precisely what you want.

What is senior life insurance? A complete guide to life insurance for seniors.

Wed, 03 May 2023 00:00:00 +0000

Senior life insurance

Life insurance is a wise choice at any age, but what you need from life insurance changes as you get older.

A single 30-year-old and a married 60-year-old will have different life insurance needs.

As a senior, you may consider buying insurance as financial protection for your loved ones and to meet your needs toward the end of your life.

Here’s all you need to know about senior life insurance to determine if it’s right for your needs.

Insurance in Limassol. Affordable insurance in Limassol.

Fri, 14 Apr 2023 00:00:00 +0000

Insurance in Limassol – A complete guide

This complete guide to insurance in Limassol will analytically cover the main types of individual and business insurance contracts available in the city.

We will examine the price range of most of these insurance contracts, including the average and minimum prices. We will also suggest various ways to reduce the price of these insurances.

You will know how to cut costs on your insurance by the end of this guide and potentially save thousands on just one contract.

Water damage insurance claims. The best tips for handling a water damage insurance claim.

Wed, 12 Apr 2023 00:00:00 +0000

Water damage insurance claims

Water damage is one of the most significant risks to your house. It’s essential to know what your home policy covers in case your home suffers water damage.

Most standard home insurance policies cover water damage if the cause is sudden, internal, and accidental. Whether the water damage is covered depends on the source and circumstance.

Water damage caused by outside flooding is typically not covered.

How do insurance companies pay out claims? A complete guide.

Tue, 11 Apr 2023 00:00:00 +0000

How do insurance companies pay out claims?

When you purchase a home or auto policy, you do so to have peace of mind that your house and vehicle are protected. You might not need to reach for your insurance policy until there’s an emergency.

You should file a claim if you suffer a covered loss, but how do you do that?

The process will vary depending on the provider. However, there is a general process for submitting insurance claims.

Car insurance claims. Car accident insurance claims.

Mon, 10 Apr 2023 00:00:00 +0000

Car insurance claims

You may need to file a claim under your auto insurance policy to get your vehicle repaired if you are involved in an accident.

This guide to car insurance claims will examine non-fault claims and what to consider before your vehicle is repaired.

What is a non-fault claim?
Car insurance claims not my fault
Paying excess not my fault
How long do car insurance claims take
How to prevent delays when you file a claim
Car accident insurance claims
Car insurance claims FAQs

To learn more about the types of claims in insurance, see our guide, Claims In Insurance.

Life insurance claims. A complete guide.

Sat, 08 Apr 2023 00:00:00 +0000

Life insurance claims

When purchasing life insurance, the involved parties need to understand the process of receiving death benefits.

Life insurance benefits can be invaluable during a difficult time, but how do life insurance claims work?

We will examine the life insurance claims process in this guide.

Table of contents

What is a life insurance payout?
How do life insurance payouts work?
When should you contact the insurer?
The life insurance claim process
Potential issues with life insurance claims
Life insurance claims FAQ

What is a life insurance payout?

A payout is a sum of money that is paid to a beneficiary (or beneficiaries) when the policyholder dies, as agreed by the insurance provider and the insured’s contract.

Claims in insurance. Insurance claims meaning.

Fri, 07 Apr 2023 00:00:00 +0000

Claims in insurance

Insurance claims include many types ranging from medical bills, property damage, car accident injuries, and life insurance death benefits.

Insurance claims meaning

A claim is a policyholder’s request to an insurance company for payment, asking for coverage or compensation for a covered loss. These claims are typically for medical bills or to repair damaged property.

For example, if a fire has damaged a homeowner’s house, they will file a claim that involves asking their insurance providers to pay for any repairs.

Larnaca insurance. Affordable insurance in Larnaca.

Wed, 05 Apr 2023 00:00:00 +0000

Larnaca Insurance – A Complete Guide

In our complete guide to Larnaca insurance, we will briefly cover the main types of personal and business insurance contracts you can expect to find in Larnaca.

We will also present what you can expect to pay, including the ranges, averages and minimums of most insurance contracts, and suggest simple ways to lower your insurance costs.

Following our advice, you might save hundreds or even thousands on your insurance policies.

Home insurance claims. Insurance claims home.

Mon, 03 Apr 2023 00:00:00 +0000

Home insurance claims

If an unfortunate incident occurs at home, you might need to file a home insurance claim with your insurance provider.

For example, an unexpected weather event causes structural damage to your house, a burglar steals your possessions, or an unfortunate accident injures a visitor.

A home insurance claim against your homeowner policy comes with rules and procedures that you and your insurance provider must follow.

While all insurance providers handle claims differently, we will cover the standard steps of the process.

Insurance in Famagusta. Affordable insurance in Famagusta.

Sun, 02 Apr 2023 00:00:00 +0000

A complete guide to insurance in Famagusta

In our complete guide to insurance in Famagusta, we will inform you of the various types of insurance available to purchase and what each covers.

We will discuss the coverage details, how much each insurance costs, and present the price ranges of most contracts.

In addition, we will suggest easy ways to lower the overall cost of your insurance in Famagusta, helping you save up to thousands on one insurance policy or allowing you to buy additional inexpensive insurance contracts.

Reasons insurance companies deny fire claims. A complete guide.

Sat, 01 Apr 2023 00:00:00 +0000

Fire insurance claims

Regarding fire claims under your home policy, filing an appeal and successfully receiving the settlement you deserve is possible. However, your insurance company has the right to deny your claim for specific reasons.

Research suggests that home insurance claims have the lowest success rate out of all insurance claims. In contrast, car insurance claims have the highest success rate and are nearly always successful.

Understanding why insurance companies reject fire claims can increase your chances of a successful claim, even if it doesn’t guarantee that your insurer will pay out.

Hit and run insurance claims. A complete guide.

Tue, 28 Mar 2023 00:00:00 +0000

Hit and run insurance claims

Before examining how hit-and-run claims work, let’s examine what makes an accident a hit-and-run.

According to traffic law, a hit-and-run is an act of a driver knowingly causing an accident and fleeing the scene.

Like any accident, it’s important to document the accident for your insurance company and the police. However, the claims process will be more challenging if one driver flees the scene.

To complicate matters, you may not see the accident if your car was parked or see their license plate details if you’re in the car and stunned by the incident.

Which area is not protected by most homeowners insurance?

Mon, 27 Mar 2023 00:00:00 +0000

What is covered by homeowners insurance?

Knowing what your homeowner's insurance covers often requires reading the small print of your policy. Even though all home insurance coverage is different, almost all policies share similarities and have coverages in common.

Homeowners insurance typically protects you financially from damages related to your home and its contents. Whether your house is burgled or a fire causes irreparable damages, a homeowners' insurance policy can pay for repairs, replacements, or rebuilding of the structure altogether.

Life insurance when buying a house. What type of life insurance do I need?

Sun, 26 Mar 2023 00:00:00 +0000

Life insurance when buying a house

Life insurance might have been one of the last things on your mind, but if you are in the process of buying a house, it’s the perfect time to find out whether you need it or not.

This guide examines everything you need to know about life insurance when buying a house.

Table of contents

What type of life insurance do I need?
Types of life insurance policies
What type of policy do I need?
Taking out life insurance when buying a house
Differences between life and mortgage life insurance
Life insurance for homeowners FAQ
Life insurance cost

What type of life insurance do I need?

The first step to buying the right policy is understanding the type of life insurance you need.

How many life insurance policies can you have? Can I have more than one life insurance policy?

Sat, 25 Mar 2023 00:00:00 +0000

How many life insurance policies can you have?

If you already have life insurance but think you need more coverage, you may wonder whether getting more than one life insurance policy is possible.

You are allowed to carry more than one policy, but that doesn’t mean you need to have many. It’s sometimes best to have a single policy that meets all of your needs.

On the surface, having more than one policy sounds like a great idea, but there are times when it’s not necessary to have multiple policies. It all depends on your needs and circumstances.

House cleaning insurance in 2025. What is house cleaning insurance?

Fri, 24 Mar 2023 00:00:00 +0000

House cleaning insurance

Mistakes and accidents can be an unpleasant surprise in a haze of dusting, sweeping, and cleaning products. But these mishaps don’t have to derail your work schedule and business.

Whether you work independently or as part of a team, cleaning insurance protects you against unexpected costs.

This guide to insurance for house cleaners will examine all you need to know about house cleaning insurance.

Table of contents

Does health insurance cover car accident bills? How does health insurance cover car accident injuries?

Thu, 23 Mar 2023 00:00:00 +0000

Using health insurance for car accident bills

Many car accident victims want to know whether their health insurance covers car accident injuries.

In short, your health insurance can cover car accident claims, but how and when your policy takes effect is dependent on several factors.

Most health insurance plans cover bills for injuries sustained in car accidents, but restrictions will apply based on individual policy limits and provisions.

Depending on your coverage, your healthcare provider may request your health and auto insurance information if you seek treatment for injuries related to a car accident.

Workers’ compensation insurance in 2025. What is workers’ compensation insurance?

Wed, 22 Mar 2023 00:00:00 +0000

Workers' compensation insurance in 2023. What is workers' compensation insurance?

Employers are legally obligated to ensure that their workplaces are safe for their employees. Nevertheless, accidents do happen. When accidents do occur, workers' compensation insurance provides coverage.

Workers' compensation pays vital benefits to employees when they are injured or sick resulting from working for their employer.

This guide to workers' compensation insurance will cover what it is and why small businesses and contractors need it.

Student house insurance in 2025. What is student house insurance?

Tue, 21 Mar 2023 00:00:00 +0000

Student house insurance

In short, student house insurance (also called student contents insurance) protects your belongings while you are living on university premises.

If you’re a first-year student staying in university accommodation, you may already have contents insurance through your accommodation provider. However, you need to find out if this is the case.

In this guide, we will help you ask the right questions and discuss everything you need to know about student house insurance.

What is hazard insurance? How hazard insurance works.

Tue, 21 Mar 2023 00:00:00 +0000

Hazard insurance

An integral part of buying a house is determining what kinds of insurance coverage you need. In the selection you choose, you may need to purchase hazard insurance.

Although it is necessary in many cases, hazard insurance isn’t a common choice, and many people don’t know why they might need it.

If you’re confused about hazard insurance and what it can do for you, our guide will tell you everything you need to know.

House renovation insurance in 2025. What is home renovation insurance?

Mon, 20 Mar 2023 00:00:00 +0000

House renovation insurance

Your homeowners' insurance premiums depend on factors like your home's size, condition, and location.

Furthermore, the cost to rebuild your house also determines the amount of your home insurance, so what happens if those factors change?

Suppose you add an extension or update the fittings in your bathroom. Will your homeowners' insurance cover renovations?

If you plan to renovate your home, here's what you should know about house renovation insurance.

How to negotiate a settlement with an insurance claims adjuster.

Mon, 20 Mar 2023 00:00:00 +0000

How to negotiate a settlement with an insurance claims adjuster

Whether you’ve been in an auto accident, had your car stolen, or it has been otherwise damaged, you will need to file a car insurance claim with your insurance company.

As you take the necessary action to be compensated fairly, negotiating a better settlement on your car insurance claim can be stressful.

The insurance adjuster’s role is to resolve the claim as quickly as possible and as cheaply as possible for the insurance company. This can cause a frustrating experience for you as the insured.

Inland marine insurance in 2025. What is inland marine insurance?

Sun, 19 Mar 2023 00:00:00 +0000

Inland marine insurance

Contrary to what is suggested by its name, inland marine insurance isn’t designed for boats. Its name derives from “ocean marine insurance,” when ocean shipping was predominant.

The original name of this insurance was modified to “inland marine” as inland shipping methods developed over the years.

These days, inland marine insurance is designed to protect your business property when it’s in transit or storage somewhere other than your primary business location.

Permanent health insurance in 2025. What is permanent health insurance?

Sun, 19 Mar 2023 00:00:00 +0000

Permanent health insurance in 2023. What is permanent health insurance?

Many of us would find it challenging to pay for our outgoings, such as mortgage and rent, if we lost our income due to an illness or accident.

That's where permanent health insurance comes in. This insurance type is a long-term policy that ensures a steady income stream until you can return to work or until you retire.

Our guide will examine how permanent health insurance works and when you might need it. We will also cover what you need to look out for if you buy it.

What is voluntary life insurance? Types of voluntary life insurance.

Sun, 19 Mar 2023 00:00:00 +0000

What is voluntary life insurance? Types of voluntary life insurance.

Standard life insurance can help to protect loved ones, providing financial security in the event of a death and when a main source of income is lost.

Voluntary life insurance is a form of life insurance purchased by employers that employees can opt into upon employment. However, most employees must keep the policy active by paying scheduled premiums.

This guide will cover how voluntary life insurance can benefit both employers and employees.

Business income insurance in 2025. What is business income insurance?

Sat, 18 Mar 2023 00:00:00 +0000

Business income insurance in 2023. What is business income insurance?

Suppose a business suffered a fire and had to stop trading. In a situation like that, the business' revenue may decline or stop altogether.

While property coverage will protect the business from physical damage, business income coverage could protect against financial losses when the company cannot operate.

Table of contents

What is business income insurance?
Who can benefit from business income insurance?
What does business income insurance cover?
What is not covered by business income?
What expenses are covered by business income?
Examples of business income coverage
Additional options and endorsements
Business income insurance key terms
Business income insurance FAQ
Business income insurance cost

What is business income insurance?

Business income insurance (or business interruption insurance) can cover lost income when a company cannot operate due to specific perils covered in the policy.

Guest house insurance in 2025. What is guest house insurance?

Sat, 18 Mar 2023 00:00:00 +0000

Guest house insurance in 2023. What is guest house insurance?

Running a guest house or a bed and breakfast business can be very rewarding but comes with many risks. The best aspect of running a guest house may be providing a welcoming stay for your guests while being your own boss.

With that comes the risks you must consider, from damage to your guest's belongings to faulty freezers or a kitchen fire. The risks are many, and you face them daily on your premises.

Athlete insurance in 2025. What is athlete insurance?

Fri, 17 Mar 2023 00:00:00 +0000

Athlete Insurance in 2023. What is athlete insurance?

From professional leagues to amateur clubs, all athletes understand the risks associated with their chosen sport. To mitigate the risks they face, athlete insurance is a must.

Athlete insurance, also known as sports insurance, is a broad term that generally covers a range of various policies available to protect sportspeople and health and fitness professionals.

Successful athletes take accountability for the liabilities they are bound to, both for their health protection and financial security.

Restaurant insurance in 2025. A complete guide.

Fri, 17 Mar 2023 00:00:00 +0000

Restaurant insurance

The fast-paced nature of running a restaurant comes with daily risks. From the crowds of customers to busy kitchens – customers and staff members face many hazards.

Owning a restaurant may come with many challenges, but it isn't without its rewards. To protect your business, it's vital to have the right insurance in place.

In this guide to restaurant insurance, we will examine the different types available to you and provide the answers you need to make your decision.

Drive away insurance in 2025. Explain drive away insurance.

Thu, 16 Mar 2023 00:00:00 +0000

Drive away insurance

Buying a new car and taking it home is an exciting event. With that buzz comes the practical task of sorting out your insurance.

For such cases, it’s important to know what drive away insurance is and if you need it.

If your new car is uninsured, you could be exposed to significant risk without car insurance or temporary drive away insurance.

In this guide to drive away insurance, we will examine all there is to know about this type of coverage.

Public house insurance in 2025. A complete guide.

Thu, 16 Mar 2023 00:00:00 +0000

Public house insurance

As a public house owner, you have your fair share of work to take care of. Having the right insurance coverage for your business is essential.

First and foremost, public house insurance protects the public – your customers, and it should also protect your employees, buildings, and assets.

Managing a public house comes with many risks, and there are various coverage types you can choose to protect yourself.

Bar insurance in 2025. A complete guide.

Wed, 15 Mar 2023 00:00:00 +0000

Bar insurance

As a bar owner, you will have invested a vast amount of money and time into your establishment. Further, your bar's success relies on your local reputation and ability to care for your customers.

Without the right bar insurance, you could lose your hard-earned money and reputation in a single accident. To avoid that scenario, you should ensure you are adequately protected.

Bar insurance (also known as tavern insurance) is a type of commercial insurance designed to meet the unique needs of bars, taverns, and pubs.

Vacant land insurance in 2025. A complete guide.

Tue, 14 Mar 2023 00:00:00 +0000

Vacant land insurance

While homeowners insurance protects against losses at home and covers buildings on a property and personal belongings, it generally does not cover vacant land. That’s why insurance for vacant land is often recommended as a separate policy.

Vacant land insurance financially protects landowners against misfortune accidents that could take place on their property.

You are at financial risk if you’re a landowner without vacant land insurance. From an insurance perspective, empty land still poses risks.

Skydiving insurance in 2025. A complete guide.

Mon, 13 Mar 2023 00:00:00 +0000

Skydiving insurance

Whether you’re planning to make your big jump at home or abroad, it’s essential to have insurance for skydiving.

Moreover, you need to know what type of insurance to get. Adequate skydiving insurance and the right coverage will protect you on your next daring adventure.

Whether it’s your first time diving or you’re a skydiving pro, you can rest assured knowing you have the right insurance.

Skydiving is on many people’s bucket lists, but not everyone knows what insurance they need for the activity. That’s why we created this guide to skydiving insurance.

Pub insurance in 2025. A complete guide.

Sun, 12 Mar 2023 00:00:00 +0000

Pub insurance

Pubs are a labor of love and require many hands to keep an operation going.

Managing a pub comes with everyday hazards and plenty of risks, so pub owners need the right pub insurance coverage to protect themselves.

Pubs work with the public, so they require liability insurance and more.

Table of contents

What does pub insurance cover?
Liability insurance for pub
Additional pub insurance coverage
How do I choose the right pub insurance?
Pub insurance FAQ
Pub insurance cost

What does pub insurance cover?

Pub and restaurant insurance, also known as public house insurance, is a policy for licensed business owners to protect their assets.

Diving insurance in 2025. A complete guide.

Sat, 11 Mar 2023 00:00:00 +0000

Diving insurance

Scuba diving is a relatively safe sport these days, especially when practiced within the limits of your training and experience. Still, diving can be hazardous, and accidents can happen.

Having the right diving insurance is essential. Not only for your peace of mind, but it can ensure you're covered for the risks associated with your specific diving needs.

Overall, scuba diving insurance covers unforeseen accidents that aren't covered under health or travel insurance policies.

Public liability insurance for contractors. A complete guide.

Fri, 10 Mar 2023 00:00:00 +0000

Public liability insurance for contractors

As an independent contractor, having the right insurance and protection for your business is vital, even if you run a small operation.

Independent businesses should ensure they have adequate coverage, as liability claims can bankrupt a small business.

If you do not have public liability insurance, you run the risk of using your own funds to protect your business.

This guide about public liability insurance for independent contractors will examine why you are required to carry this insurance.

General liability insurance for independent contractors. A complete guide.

Thu, 09 Mar 2023 00:00:00 +0000

General liability insurance for independent contractors introduction

You may run a smaller operation as an independent contractor, but having the right insurance and protection for your business is vital.

Liability claims can bankrupt a small business that doesn’t have the right insurance. Without commercial general liability insurance, you will have to pay out of pocket to protect your business.

This guide about general liability insurance for independent contractors will make sure you know your insurance options.

Insurance and bonding for contractors. A complete guide.

Thu, 09 Mar 2023 00:00:00 +0000

Insurance and bonding for contractors

Contractor bonds and business insurance protect businesses from financial losses after unexpected events while also helping to win clients.

Moreover, prospective clients often prefer doing business with contractors who carry the appropriate insurance coverage.

Depending on your industry and business clientele, you could be required to purchase business bonds before being hired.

While insurance and bonds vary, both are key to managing your business and mitigating the risks of the industry as a whole.

Professional indemnity insurance contractors in 2025. A comprehensive guide.

Tue, 07 Mar 2023 00:00:00 +0000

Professional indemnity insurance contractors

There is a general understanding of the need for construction contractors to carry public liability insurance.

However, there often needs to be more clarity about why contractors must also carry professional indemnity insurance.

This article will outline professional indemnity insurance for contractors and help to provide answers to your questions.

We will clarify the differences between professional indemnity insurance and public liability insurance claims and cover why professional indemnity insurance is important for the construction industry.

Paphos Insurance. Affordable insurance in Paphos.

Mon, 06 Mar 2023 00:00:00 +0000

A complete guide to Paphos insurance

In this analytical guide, we will present the insurance contracts you can expect to find in Paphos by covering the two main categories: individual and business insurance.

We will examine the average and minimum cost of most insurance contracts in Paphos as well as their ranges and suggest ways you can reduce the cost of your coverage.

By the end of this guide, you will know how to cut costs and potentially save thousands on one insurance contract.

Plumbing insurance in 2025. A comprehensive guide.

Fri, 03 Mar 2023 00:00:00 +0000

Plumbing Insurance

Whether you're an established plumbing company or just beginning your career, it's advisable for plumbers to have plumber insurance.

Plumbing insurance ensures you are protected against various risks routinely faced by the industry. Both plumbers and plumbing contractors need adequate coverage.

Adequate coverage is essential to mitigate the risks you face on the job. One accident or wrong move could result in expensive damages and, at worst, even bankruptcy.

Nicosia Insurance. Affordable Insurance In Nicosia.

Wed, 01 Mar 2023 00:00:00 +0000

Nicosia Insurance – A Complete Guide

In our complete guide to Nicosia insurance, we will introduce you to the various types of individual and business insurance products provided in the country's capital.

We will also present the statistical range of insurance costs, including the averages and minimums for most insurance contracts.

We will then highlight practical ways to reduce your insurance costs in Nicosia, helping you save hundreds or maybe thousands on one policy.

Famagusta Insurance. Affordable insurance in Famagusta.

Fri, 17 Feb 2023 00:00:00 +0000

Famagusta Insurance – A Complete Guide

In this complete guide to Famagusta insurance, we will cover the key types of personal and business insurance contracts available for purchase in Famagusta and reveal what you can expect to pay for each.

We will include the ranges, averages and minimums of most contracts in Famagusta and share ways you can lower your insurance costs.

Using the advice outlined in this guide, you can potentially save thousands of euros on your insurance policies.

Limassol Insurance. Affordable Insurance In Limassol.

Wed, 25 Jan 2023 00:00:00 +0000

Limassol Insurance – A Complete Guide

Numerous types of insurance contracts are available in Cyprus, all designed for various reasons. We will cover the main types of insurance that you can find in Limassol throughout this guide.

We will discuss what you should expect to pay for these insurance contracts, including the average and minimum prices and their ranges.

We will also give you tips on reducing your insurance’s overall cost. You can potentially save thousands on just one contract by using our advice.

Travel insurance claims. A complete guide.

Fri, 20 Jan 2023 00:00:00 +0000

Travel insurance claims

While travel insurance can’t prevent accidents, it can prevent you from paying out-of-pocket costs if the worst should happen.

Read this guide to travel insurance to find out how to make a successful travel insurance claim as hassle-free as possible.

Table of contents

When can I make a travel insurance claim?
How can I make a travel insurance claim?
What evidence should I provide when making a claim?
Travel insurance claim process
How do I make a claim while I’m traveling?
Should I make a claim when I get home?
Can I make a claim if I need to cancel or end my trip early?
Top tips for making a successful travel insurance claim
Travel insurance claims FAQ
Travel insurance cost

When can I make a travel insurance claim?

When you take out travel insurance, you can often choose what your policy covers.

What is a quote in insurance? A complete guide

Tue, 13 Dec 2022 00:00:00 +0000

What is a quote in insurance?

An insurance quote is an official or unofficial offer provided by an insurance company. This offer presents the premium (i.e., cost of the insurance) and a short summary of the coverages and the terms of the insurance policy.

Prospective policyholders often ask for a quote to gain an idea of the cost of purchasing coverage, and they will often compare prices and coverage options on the market.

Building contractors insurance. A complete guide

Tue, 08 Nov 2022 00:00:00 +0000

Introduction to building contractors insurance

Several types of insurance are designed to protect developers, property owners, and contractors through the many stages of construction projects. In most cases, specific construction insurance policies are required for many of these projects.

In the following article, we'll explain what you need to know about building contractors insurance, the common types of policies available to you, and when you might need them.

In addition to reading our guide about building contractors insurance, make sure you check out the reputable insurance companies we've listed at the end of this article.

Course of construction insurance. A complete guide

Mon, 07 Nov 2022 00:00:00 +0000

Course of construction

Course of construction (COC) is a specialized type of insurance policy that is designed to cover “all risks.” These risks are typically associated with the hazards, accidents and incidents that might arise during the course of a construction project.

Course of construction insurance usually includes various coverages in one policy. Moreover, two specific types of insurance are combined in a course of construction policy.

We will cover everything you should know about course of construction insurance in our guide, including who requires this type of policy, and when it is commonly used.

Car Insurance Refunds. Everything You Need To Know

Tue, 25 Oct 2022 00:00:00 +0000

Car insurance refund overview

You may be due a car insurance refund and require this information if you changed your car insurance policy, decide to cancel your policy, or if your insurance agent has cancelled or renewed your policy.

In this article, we will cover everything you need to know about car insurance refunds.

Do you get a refund if you cancel car insurance?

In short, yes, you will usually get a refund if you cancel your car insurance. However, there are some exceptions to consider.

How Do Life Insurance Companies Make Money? A Comprehensive Guide To Life Insurance

Tue, 25 Oct 2022 00:00:00 +0000

Overview

It’s no secret that life insurance companies make money. Insurers make millions of profits on their corporate tax returns year after year. The profitability of life insurance companies often leaves people wondering how they make their money, and the answer to that can be found by examining how life insurance works.

Topics included in this article:

How life insurance companies make money.
How life insurance works.
Types of life insurance.
Common life insurance scams.
How to prevent life insurance scams.

In this article, we will cover how insurance companies make money, and what that means for you as an insurance policyholder.

What is a car insurance declaration page? A comprehensive guide

Mon, 24 Oct 2022 00:00:00 +0000

Overview

When you are searching for a car insurance declaration, we understand you may have questions about the process of finding and deciding which insurance is best for you. In this article, we have covered the most frequently asked questions about car insurance declarations, deductibles, and policies.

Topics of discussion are as follows:

What exactly is a car insurance declaration page
Why you need an insurance declarations page
How to get an insurance declarations page
What is a car insurance policy
What does car insurance cover
Is a proof of insurance the same as a declaration page
What is a certificate of insurance
What is an insurance deductible
How to choose car insurance
Where to get a car insurance quote

What is a car insurance declaration page

A car insurance declarations page is a succinct summary of your policy provided by your insurance company.

What Is Direct Term Life Insurance? Everything You Should Know

Mon, 24 Oct 2022 00:00:00 +0000

What is term life insurance?

Term life insurance is a type of death benefit that pays the policyholder’s heirs throughout a specified period.

Once the specified period and policy expires, the policyholder can either renew their policy, or convert the policy to permanent coverage.

Term life insurance is distinct from life insurance. Life insurance offers different coverage, and it can be a lifetime policy. In contrast, term insurance tends to be shorter-term and is also the most affordable type of insurance.

What Is Voluntary Accident Insurance?

Mon, 24 Oct 2022 00:00:00 +0000

Overview

In this article, we will cover voluntary accident insurance in-depth, and group coverage with comparisons between the options of insurance types.

The topics we will cover are as follows:

What is voluntary accident insurance?
Types of voluntary accident insurance.
Group Critical Illness Insurance.
Group Life Insurance.
Voluntary Accident Insurance Cost.
What is the difference between group life and voluntary accident insurance?
Voluntary Accident Insurance Quotes.

What is voluntary accident insurance?

Voluntary accident insurance provides employees with added protection to meet their individual needs.

Roofing insurance. A comprehensive guide

Tue, 18 Oct 2022 00:00:00 +0000

Roofing insurance

Roofing contractors face daily risks and various kinds, varying from damages to client property and faulty installations to third-party injuries.

Considering their working circumstances, roofing contractors are involved in potentially dangerous situations every day, many of which are not covered under standard insurance policies.

As these accidents often result in claims not covered by standard contractors insurance, roofers must have the correct coverage to protect themselves. Furthermore, they will protect their business and their clients from harm.

What is Business Interruption Insurance? Definition of Business Interruption Insurance

Tue, 18 Oct 2022 00:00:00 +0000

Business interruption insurance can replace lost income when a covered event forces you to temporarily shut down your business. The covered events vary policy by policy, but usually include fire, theft or vandalism, as well as natural disasters such as lightning, wind or water.

Business interruption insurance helps you in more ways than one. By replacing the income you have lost by temporarily closing down your business, it helps ensure that the short-term closure doesn’t turn into a permanent one. You can thus think of it as a life-saver for your company.

Contractors public liability insurance. A complete guide

Tue, 04 Oct 2022 00:00:00 +0000

Contractors public liability insurance introduction

Contractor insurance protects businesses from risks known in the construction trade, offering contractors and tradesmen peace of mind to continue doing their work.

Contractors public liability insurance has you covered whether you're meeting with clients on-site or working on a client's home. This coverage ensures protection from major reconstruction projects to minor renovations, and it's a necessity for many types of businesses.

To be adequately covered, a contractor should have general public liability, workers' compensation, and other customized coverages that we will highlight in this article.

MetLife Pet Insurance Review in 2025. Good for Pet Parents on a Budget

Wed, 18 May 2022 16:22:00 +0000

MetLife Pet Insurance offers multiple perks to attract pet parents. It places no restrictions on eligible breeds, covers dogs and cats 8 weeks and older, and offers 100% reimbursement. Best of all, the accident coverage begins at midnight the day you sign up for the policy.

On the flip side, treatments or services provided outside the United States aren't covered. This might worry pet parents who regularly travel internationally. Also, unlike some of its competitors, it doesn't provide a plan for unlimited annual benefits.

Criminality in Cyprus

Sat, 14 Aug 2021 15:45:00 +0000

When you're planning to travel to a country, whether that is to visit it as a tourist or to move there permanently, one of your main concerns should be how safe it will be as a destination. You should have no such concerns when coming to Cyprus, since it is consistently ranked as one of the safest countries in the world.

In fact, in early 2020 travel insurance comparator Insurly issued a safety index, allowing you to assess the level of risks you might face when venturing to a country abroad, and Cyprus came in 5th worldwide. Its overall score was calculated taking into consideration data regarding violence, transportation safety, the likelihood of natural disasters, and health. What particularly concerns us in this article, however, is criminality, and luckily Cyprus is in one of the lowest ranks in the EU there too.

What kind of insurance do I need if I rent out my house?

Wed, 11 Aug 2021 14:30:00 +0000

Do I need insurance if my residential property (country house, summer residence) is rented out?

Almost all people dream of owning a second home or a country house. But just like the house in which you live, a country house requires maintenance and care costs, as well as third party liability insurance. The issues that arise out of providing residential real estate for rent and insurance of associated risks do not only concern the citizens of Cyprus as the owners of real estate, but foreign home owners as well. In the eyes of most foreigners, Cyprus is primarily a resort. And when buying real estate in Limassol, Larnaca or Paphos, many of them spend only a few months of the year in it, devoting most of their time to living and working in another country, hence allowing them to put up their houses and apartments for rent.

Media Liability Insurance

Fri, 06 Aug 2021 15:00:00 +0000

One way or another, almost all businesses need to produce and broadcast or publish media content. The advent of the Digital Age has opened up new forms of communication and anyone with access to a social media account can now become a content creator. This expanded exposure, however, means that any kind of communication outlet could be at risk from liability claims for things like libel, intellectual property claims or invasion of privacy. This is where media liability insurance can help.

Life of British Expats after Brexit

Mon, 20 Jan 2020 00:00:00 +0000

1. How many UK citizens live in Cyprus?

According to a 2018 census, the total number of foreign nationals living in Cyprus was 155,600 (meaning approximately 18% of the total population living in the areas under the control of the Republic of Cyprus), of which approximately 16% (25,000) were UK nationals.

These figures are definitely underestimated. That is mainly due to the fact that a large number of European citizens, including Britons, who own a house in Cyprus, had not applied for a certificate of permanent residence.

Chinese Investments in Cyprus

Wed, 24 Oct 2018 00:00:00 +0000

We are glad and proud to inform you that after considerable effort and assistance from the China Desk which is based in Paphos and is part of the Cyprus-China Business Association, we expect in April/May 2019 a targeted delegation (8-10 companies) from the venerable China Investment Association, accompanied by Chinese Government officials. The areas of interest for actual investment are:

Renewable Energy, such as: Solar energy, Wind power, Garbage disposal, Waste treatment etc.

Satellite Insurance

Thu, 17 May 2018 06:00:00 +0000

Satellite insurance is a specialized aircraft safety industry with a total of 30 insurance companies providing services.

The insurance mainly covers the costs that may arise as a result of the following risks:

1) restart of the satellite in case of failure of the first launch;

2) replacement of the satellite in case of damage;

3) deviation of the satellite from the given trajectory;

4) failure of the satellite into orbit;

An investment of billions from a Cypriot businessman to the Zimbabwe

Thu, 12 Apr 2018 00:00:00 +0000

The Pitsas Insurances team is particularly proud of the new international business venture of our great friend and client, Mr. Loucas Pourouli. The Cypriot company Karo Resources, managed by the Pourouli family, is going to invest $4.2 billion for the development of an ambitious platinum extraction investment in the post-Mugabe era of Zimbabwe.

The investment that transforms Zimbabwe

Since assuming his duties, the new Zimbabwe president has committed to promote institutional reform in order to attract the interest of foreign investors. As Reuters mentions, the agreement signed with Karo Resources illustrates the willingness of the country to create a favourable climate for investment. The agreement constitutes the largest foreign investment in Zimbabwe since the removal of Robert Mugabe and the greatest investment ever made into the country’s mining industry, as the country’s minister of Mines and Mining Development Winston Chitando has mentioned. The new investment is expected to start in 2020 and will produce 1.4 million metal ounces of the white gold group, a fact that will turn the Cypriot company into the biggest producer in Zimbabwe by 2023. It is worth mentioning that Zimbabwe has the third largest platinum reserve after South Africa and Russia. The Karo Resources investment will also include a 600MW power plant and a coal extraction station to provide power for it. The extraction of precious metals will take place at an area rich in reserves which is called Mhondoro-Ngezi, at the west of the country’s capital Harare, and is expected to employ approximately 15,000 people. Talks on the investment had already begun back in 2012 but state corruption and conflict of interests stopped it from materializing. President Mnangagwa seems determined to promote any attempt to revive the country’s neglected mining sector, and in Mr. Pouroullis he has found a reliable ally to kick-start that effort.

Enter the Chinese Market

Mon, 12 Mar 2018 00:00:00 +0000

Take part in the first International Trade Exhibition of China which will be held from 5 until 10 of November 2018 in Shanghai and promote effectively your company’s services and products in the most dynamic economy of the world. It is expected the participation of more than 150,000 businessmen from all over China.

In order to open the Chinese market to the world actively, Chinese President Xi Jinping announced that China will hold the first International import Expo of China (CIIE) starting from 2018. The relevant contents of the first Expo will now be released as follows to facilitate Cyprus-based companies to participate in the first fair.