Allianz European Reliance S.A. (Allianz Hellas) - Cyprus Branch
Allianz
Allianz is a motor casco insurance for the Cyprus market with no online purchase and limited assistance availability.
Direct payment
Premiums can be settled via standing bank order/SEPA direct debit, bank transfer or e-banking to the Cyprus branch's bank accounts, online via the JCC Smart platform, or by phone using a debit/credit card. The policy is arranged through the Cyprus branch and its intermediaries/brokers rather than via a direct online purchase flow.
Geographic scope
Republic of Cyprus (government-controlled areas)
Cover applies within the Republic of Cyprus, excluding the areas not under the control of the Republic; it is also extended to the countries that are signatories of the Multilateral Guarantee Agreement (Green Card system).
Unique selling points
- For the 7th consecutive time, Allianz was ranked the world's top-ranked insurance brand in Interbrand's 'Best Global Brands' ranking.
- The Cyprus branch is backed by the ongoing support of Allianz SE, reinforcing the pursuit of stable and profitable growth for customers.
- Allianz is investing in strengthening and expanding its long-standing presence in the Cyprus market, focused on customer-centricity and completeness of benefits.
- Customers can choose among four coverage tiers of the All For 1 line (Basic, Plus, Complete, Prestige) to match the level of protection to their needs and budget.
Coverage limits
Own Damage
Covered
The All For 1 product line (Basic/Plus/Complete/Prestige tiers) is a private motor vehicle insurance product whose Information Document lists exclusions typical of own-damage cover (driver licence/age restrictions, wear-and-tear, tyre damage), indicating own-damage cover is part of the product; the specific sum insured and excess are stated in the individual policy schedule, which was not accessible in the sources reviewed.
Total Loss
Covered
Total loss cover forms part of the own-damage cover of the All For 1 line, but the specific settlement basis and sum insured were not disclosed in the available sources.
Partial Loss
Covered
Partial loss/repair cover forms part of the own-damage cover of the All For 1 line; the excess (deductible) applicable is stated in the summary coverage table of the individual policy schedule per the product's Information Document, but the amount itself was not disclosed in the sources reviewed.
Theft / Robbery
No limit stated
Not specifically confirmed for the All For 1 motor line in the sources reviewed. Allianz Cyprus's general claims-handling guidance instructs policyholders to notify the police immediately for damage arising from malicious acts, theft or robbery, but this guidance applies across the branch's product lines (including home insurance) and does not confirm this peril for the All For 1 motor product specifically.
Vandalism
No limit stated
Not specifically confirmed for the All For 1 motor line in the sources reviewed. Allianz Cyprus's general claims-handling guidance covers damage arising from malicious acts (which encompasses vandalism), but this guidance applies across the branch's product lines and does not confirm this peril for the All For 1 motor product specifically.
Driver Personal Accident
No limit stated
Not specified in the sources reviewed for the Cyprus-branch product; the equivalent Greek-market All For 1 line includes a personal accident benefit, but this was not confirmed for the Cyprus product documents reviewed.
Key conditions
Driver age and experience limit
Claims are excluded unless declared and approved by the company if caused by a driver who has not held a full driving licence for at least 2 years, a driver under 23 or over 70 years old, or a learner-permit holder (unless accompanied by a qualified instructor with dual controls, as applicable).
Repair network requirements
Not specified in the sources reviewed.
Territorial scope
Cover applies within the Republic of Cyprus, excluding the areas not under government control, and is extended to the countries that are signatories of the Multilateral Guarantee Agreement (Green Card system).
Anti-theft requirements
Not specified in the sources reviewed.
Claim notification deadline
For damage arising from malicious acts, theft or robbery, the policyholder must notify the police immediately; no separate general claim notification deadline to the insurer was specified in the sources reviewed.
Deductible rules
An excess (deductible) applies to own-damage claims; the applicable amount is stated in the summary coverage table of the individual policy schedule and varies by tier/policy rather than being fixed in the product's Information Document.
Policy specifics
Product tier range
The All For 1 line is sold in four selectable tiers - Basic, Plus, Complete and Prestige - per the official Cyprus branch product listing, with coverage extent and limits expected to increase across tiers. Only the Basic and Complete tier IPIDs were retrievable in the sources reviewed; the Plus and Prestige tier IPIDs, and the Cyprus-specific numeric limits for any tier, were not accessible.
SourceExcluded territories
Cover excludes the areas of Cyprus not under the control of the Republic of Cyprus.
Source