General Insurance of Cyprus Ltd (trading as Genikes Insurance)
Genikes Insurance
Genikes Insurance is a motor third-party liability insurance for the Cyprus market with online purchase and 24/7 assistance.
Direct payment
The premium is paid annually by card as a single, one-off payment at the inception of the insurance policy.
Geographic scope
Cyprus
Cyprus, excluding areas of the Republic of Cyprus where the government does not exercise effective control; third-party liability cover also extends to States that are signatory parties to Part III of the Unified Agreement, while cover for the vehicle itself (own damage extensions) is limited to Cyprus only.
Unique selling points
- Free 24-hour Motor Assistance and Accident Care service included on every vehicle policy, going beyond the statutory third-party liability minimums.
- Windscreen breakage cover up to €350 included as standard, a benefit many pure third-party products charge extra for.
- Off-road driving cover is built into the plan rather than sold as a separate extension.
- Optional 'Driving Other Cars' extension lets the insured drive a similar vehicle under the same third-party cover.
- Fully digital 'Web' plan with online quote and purchase, avoiding the need for a branch visit.
Coverage limits
Bodily Injury Liability
€36,350,000
Covers legal liability for death or bodily injury (including claimant's costs and interest) to any person arising from an accident caused by or arising from the use of the insured vehicle on a road in Cyprus, up to €36,350,000 per event irrespective of the number of claims; this is the minimum limit required by Cyprus law. A separate sub-limit of €35 per person applies to emergency medical treatment.
Property damage liability
€1,220,000 – €1,300,000
Legal Defence and Representation
Covered
The Company may, at its own expense and discretion, arrange representation at any inquest or accident inquiry and undertake the defence of legal proceedings relating to any event that may be the subject of indemnity under the policy; no separate monetary limit is stated.
Green Card / International Motor Insurance Cover
Covered
Third Party Liability cover is valid in Cyprus and in the territories of States that have signed Part III of the Unified Agreement (Green Card countries); the indemnity applied is the higher of the Cyprus limits or the minimum required by the legislation of the state where the incident occurred; no separate sum insured is stated.
24-Hour Motor Assistance
Covered
Only in 10920
Free 24-hour Road Assistance (via a recognised Cyprus assistance company) and Accident Care services (direct telephone service, visit and guidance at the accident scene, photographs and evidence gathering), provided under Additional Clause 10920 referenced in the Schedule; vehicles with a gross weight over 5 tonnes are excluded; no monetary limit is stated.
Personal Accident – Insured and/or Spouse
€20,000
Only in 10922
Optional cover (Additional Clause 10922, added at extra cost) paying benefits for death, permanent disablement or specified injuries suffered by the Insured and/or spouse while driving, being carried in, entering or leaving the insured vehicle, plus medical expenses up to €1,000; the total amount payable for any one event is capped at €20,000; not available if the Insured is under 18 or over 70.
Passengers' Liability Extension
€36,350,000
Only in 10926
By default, liability for injury to passengers of the insured vehicle is excluded (Exception (i) of Section 1). This can be added via Additional Clause 10926, extending cover to the legal liability of the Insured towards any person lawfully inside, entering or alighting from the vehicle, up to the same Third Party bodily injury liability limit (€36,350,000 per event).
Key conditions
Territorial scope
Third-party liability cover applies in Cyprus (excluding areas where the Republic of Cyprus government does not exercise effective control) and in the territories of States that are signatory parties to Part III of the Unified Agreement; cover for the vehicle itself under this Third Party Plus plan is limited to Cyprus only.
Green card rules
When the vehicle is used in a Unified Agreement Part III signatory state outside Cyprus, the indemnity provided is that required by the compulsory motor liability legislation in force in that state; if the Cyprus policy limit is higher than that state's statutory minimum, the higher amount still applies even though the incident occurred outside Cyprus.
Driver restrictions
Cover requires the driver to be an Authorised Driver holding a valid driving licence; there is no cover if the driver is under the influence of alcohol, drugs or medication, refuses a breath/blood/saliva test, or (for learner-licence holders) fails to comply with learner-licence conditions and restrictions. Additional Clause 10923, if attached, can further exclude drivers under 25 or over 70 years of age, learner-licence holders, or drivers with under two years' driving experience.
Claim notification deadline
The Insured must contact the Company's notified telephone line immediately from the scene of any incident that might give rise to a claim and follow the instructions given; no claim is payable unless this condition is complied with, except as required by law (in which case the Company retains its right of recovery).
Bonus-malus rules
The policy documents reviewed do not specify a bonus-malus / no-claims discount scale.
Where to buy
Policy specifics
Windscreen Cover
Coverage for breakage of windscreen/window during any one Period of Insurance, limited to €350
SourceDriving Someone Else's Vehicle
Coverage provided when driving someone else's vehicle in Cyprus only, applicable for vehicles of the same category and type as the insured vehicle
Source24-Hour Motor Assistance
Free 24-hour Motor Assistance service providing immediate assistance for any mechanical fault or in the event of a road traffic accident
SourceOptional Trailer Cover
Optional cover for trailers that can be added to the Third Party Plus plan
SourceOptional Personal Accident Cover
Optional personal accident cover for the insured and/or spouse that can be added to the Third Party Plus plan
SourcePolicy Language
Policy issued in Greek language with English translation provided for information purposes
SourceGeographical Coverage Scope
Third Party Liability coverage valid in Cyprus and States which have signed Part III of the Unified Agreement
SourcePremium Payment Method
Premium is paid annually by card as a one-off payment at the inception of the insurance policy
SourcePolicy Duration
The duration of insurance cover is twelve (12) months and is stated in the insurance policy
SourceThird Party Liability Limit
Property damage coverage limit is €1,300,000 per event, which is the minimum required by Cyprus law
SourceDuty to Notify Claims
In the event of an occurrence which may give rise to a claim, the insured must call immediately on the telephone number indicated in the insurance policy and follow instructions from the Company's authorised representative
Source