Cosmos Insurance Company Public Ltd
Cosmos Insurance
Cosmos Insurance is a travel insurance for the Cyprus market with online purchase and limited assistance availability.
Direct payment
The insurance premium is prepaid in a single instalment before the start of the trip.
Geographic scope
Worldwide (outside Cyprus), air or sea travel
Coverage applies on the route from the moment you leave your home until you return to it, for a round trip outside Cyprus by air or sea, to and from the geographic area or country declared in the Insurance Proposal, including any intermediate stops declared.
Unique selling points
- Emergency medical expenses covered up to €150,000 after an accident or sudden illness abroad.
- Instant online purchase of the travelCARE policy in a few clicks.
- Covers the whole family or travel companion under a single policy, not just the individual traveller.
- Trip cancellation/delay benefit triggered by a wide range of reasons, including emergency call to duty for Guard, Police, Fire Service or medical personnel.
Coverage limits
Emergency Medical Expenses
€150,000
Up to €150,000 coverage for emergency medical expenses after an accident and/or illness during the trip.
Emergency Medical Treatment Abroad
€150,000
Medical expenses, locating/rescue expenses and hospital transfer costs while outside Cyprus, up to €150,000.
Hospitalization
Covered
Hospital transfer and treatment expenses are covered under the emergency medical care part; the specific limit is set out in the Policy Schedule.
Emergency Dental Treatment
Covered
Dental treatment expenses for emergency pain relief only, not routine dental work; limit set in the Policy Schedule.
Medical Transport
Covered
Additional transport or accommodation costs and return-ticket change expenses if medically required to stay abroad longer than planned; limit set in the Policy Schedule.
Emergency Repatriation/Evacuation
Covered
Cover for emergency repatriation or evacuation if medically necessary during the trip; limit set in the Policy Schedule.
Repatriation of Remains
Covered
In case of death, expenses for transport of the remains to Cyprus are covered; limit set in the Policy Schedule.
Search and Rescue / Locating Expenses
Covered
Locating and rescue expenses are covered as part of emergency medical care; limit set in the Policy Schedule.
Pre-existing Medical Conditions
Excluded
Emergency medical care arising from pre-existing medical conditions or ailments is excluded.
Winter Sports Cover
Excluded
Accidents during engagement with dangerous sports/activities, and professional participation or training in any sport, are excluded.
Adventure Sports Cover
Excluded
Accidents during engagement with dangerous sports/activities, and professional participation or training in any sport, are excluded.
Pregnancy Complications
Conditional
Pregnancy or childbirth during the trip is excluded unless precipitated by an injury or illness, in which case it may be covered.
Key conditions
Assistance call deadline
The policy does not specify an explicit deadline for calling the assistance line; however, treatment must be medically necessary during the trip and expenses not medically warranted are excluded.
Unauthorized treatment
Expenses not medically necessary during the trip, or unrelated to the illness/injury that led to hospitalization, are not covered.
Purchase while abroad
Not addressed in the available sources; the policy requires the premium to be paid before the trip starts, implying purchase before departure.
Chronic conditions
Costs arising because the insured traveller did not undergo necessary vaccinations or did not receive or complete care, treatment or medication are excluded.
Pregnancy
Pregnancy or childbirth during the trip is excluded unless precipitated by an injury or illness.
Pre-existing condition exclusions
Emergency medical care arising from pre-existing medical conditions or ailments is excluded, as are costs unrelated to the illness/injury requiring hospitalization.
Coverage duration limit
Cover starts at the beginning of the trip (once the proposal is accepted and premium fully paid) and ends on the declared return date or the actual return date, whichever is earlier.
Documents
travelCARE Insurance Product Information Document (IPID)
IPID
Policy specifics
Emergency Repatriation/Evacuation
Cover for emergency repatriation or evacuation if medically necessary during trip
SourceTrip Cancellation/Delay Allowance
Allowance in case of delay or cancellation of trip due to accident, sudden illness, emergency call in line of duty, home-related incident, or death/injury of close relative
SourceLuggage Delay Essential Items
Reasonable expenses for purchase of essential items due to delay in arrival of luggage
SourceEmergency Medical Expenses
Up to €150,000 coverage for emergency medical expenses after accident and/or illness during trip
SourceDangerous Activity Exclusion
Accident during engagement with dangerous sport or activity, directly or indirectly combined with pre-existing medical condition or substance use
SourceUnattended Valuables Condition
Loss or damage to valuables and personal documents not with you and not under your supervision at time of loss, unless in locked safe
SourceAge Limit and Unaccompanied Minor Exclusion
Cover excludes minors not accompanied by another insured adult, and persons who have turned 65 years of age on the day the trip starts
Source