phone

HOTLINE

700 70 500

business

BUSINESS INSURANCE

Building a thriving and successful business requires the investment of countless hours and significant expenses, which is why keeping it secure is a priority for any owner. Make sure you’re protected from any legal liability against the unique risks associated with your work activities, whether that relates to your employees, your daily operations or the space you occupy. Employers’ liability insurance is a legal requirement the moment you hire anyone, while a comprehensive commercial policy will include public liability in order to protect you from any injury claims. Pitsas Insurances can help you compare business insurance options and identify what level of commercial cover you need. We make it our business to understand the risks of your trade and provide the right policy to protect against claims.
business banner

WHY INSURE YOUR BUSINESS WITH US:

Competitive prices
Contracts for small businesses
Special packages for foreign businesses
Quick settlement of claims
Flexible pricing to suit your budget
Clear terms and simple language
Comprehensive contracts with few exceptions
40 years of dynamic presence in the insurance industry of Cyprus

FAQ

Frequently asked questions about this product.

What does business insurance cover?
+
Our contracts include all risk insurance cover (fire, theft etc.) for your building and business premises, employer’s liability and public liability insurance. In case you are interested, professional indemnity insurance is a separate product. For more information, click on the corresponding link on our website’s main menu.
Am I obligated by law to have business insurance for my company?
+
A main part of this insurance is employer’s liability insurance, which is obligatory for all Cypriot companies. In case you have no employees, you do not need to have this insurance. You can just insure your content and premises.
Can I have a separate employer’s liability contract?
+
Yes, we provide the option of signing a separate employer’s liability contract in case you do not wish to insure your equipment or premises. For more information, click on the relevant link on our website’s main menu.
What happens if my employees increase during the year?
+
Most insurance companies ask you to report your employee number during the previous year so they can retroactively ask for more insurance premiums in case there was an increase. Our company’s policy is to ask for your current employee number during your contract renewal and exclusively adjust future premiums.
I work at home, can I insure my electric equipment?
+
Yes, we offer the option of insuring your electric equipment if you work at home.
Which documents are needed for business insurance?
+
A list of the value of objects comprising the content of your premises; your company’s registration number with social insurance; a list detailing your total employee number, their salary and the nature of their work. We additionally need a copy of your company’s registration documents with your company’s registration number, investors and address. Finally, we need a utility bill clearly stating the company’s name and address.
What do I need to do in case of a work accident?
+
You will need to immediately contact the social insurance services and report what has happened. Your insurance will provide compensation depending on what has been stated in the report of social insurances. During the examination of your report from the insurance company, you will be asked to provide a list of all the workers currently employed by you.

Looking for more cover?

Ready to talk to us? Interested in visiting?
Contact [email protected] or
call us on 700 70 500