CGI Motor third-party liability (Mtpl Silver Gold Platinum)

Three tiered packages (Silver, Gold, Platinum) let customers choose the level of Third Party Liability cover and add-ons that best suits their needs.

Both basic insurance types include free 24-hour Road Assistance and Accident Care Services, 365 days a year, throughout Cyprus.

The Gold and Platinum packages include a Claims Loading Waiver, protecting policyholders from premium increases after a claim.

The Platinum package adds Defence Costs cover up to €3,000 and Personal Accident cover for the authorized driver up to €5,000, on top of the basic Third Party Liability cover.

Driver restrictions

The extension of the Third Party Liability cover for driving other vehicles by the insured (an optional preselected benefit, marked with an asterisk, included in Gold and Platinum but not in Silver) is offered only for private vehicles and applies only in Cyprus, provided the insured is between 23 and 75 years of age and holds a full driving licence for a period exceeding 2 years; it is not offered in cases of joint-owners and legal entities.

Claim notification deadline

Not specified in the reviewed CGI sources.

Bonus-malus rules

Under the Company's Claims History Statement Policy, premium calculations consider the policyholder's claims history together with other factors such as the value and characteristics of the insured vehicle and driving experience. If the policy is issued before the Claims History Statement is received and the Statement later reveals material facts not disclosed or misrepresented in the Proposal Form, the Company may cancel the policy or retrospectively adjust the premium; if the insured then chooses not to continue cover, they may cancel the policy and, provided no claims were made during the insurance period, receive a refund of unearned premium less cancellation fees.

Territorial scope

Republic of Cyprus, excluding the occupied areas (confirmed specifically for the Road Assistance and Accident Care Services benefit)