Apeiron Insurance Project Antiprosopefsi Allodapon Asfalistikon Etairion I.K.E.
Apeiron Insurance Project
Apeiron Insurance Project is a motor third-party liability insurance for the Greece market with online purchase and 24/7 assistance.
Direct payment
Claims are handled directly by Apeiron Insurance Project on behalf of Zavarovalnica Triglav d.d. The insured must notify the company in writing within 8 working days of the loss event. A 24/7 accident assistance hotline (213 090 4343) is available. Apeiron coordinates assessment and settlement; the insured must cooperate with company representatives and must not admit liability or reach any settlement without the company's written consent.
Geographic scope
Greece (nationwide)
Mandatory MTPL coverage is valid in Greece, all EU/EEA member states, and other countries whose National Insurance Bureaux are party to the Multilateral Guarantee Agreement (Green Card system). Optional coverages apply within Greece only, unless otherwise specified.
Unique selling points
- Bonus-Malus protection is included as a standard benefit in the MTPL policy, preventing rating deterioration even after two at-fault claims.
- Coverage for damages caused by uninsured vehicles is included in the Standard and Advance tiers as a standard benefit, not an optional add-on.
- Accident scene management ('Φροντίδα Ατυχήματος') — including on-site incident recording and vehicle towing from the accident scene — is included in the base policy at no additional charge.
- The product is underwritten by Zavarovalnica Triglav d.d. (rated A stable by international agencies), reinsured by Munich Re, providing strong financial security for policyholders.
- Four distinct coverage tiers (Standard, Advance, Value, Full) allow policyholders to tailor protection from basic MTPL up to comprehensive own-damage cover, all within the same insurer and product family.
Coverage limits
Bodily Injury Liability to Third Parties
Covered
Mandatory third-party bodily injury liability coverage up to 1,220,000 EUR per victim, included in all tiers (Standard, Advance, Value, Full). Covers bodily injury to third parties resulting from vehicle use.
Property Damage Liability to Third Parties
Covered
Mandatory third-party property damage liability coverage up to 1,220,000 EUR per accident, included in all tiers (Standard, Advance, Value, Full). Covers damage to third-party vehicles and property resulting from vehicle use.
Legal Defence / Legal Protection
Optional
Optional coverage for legal expenses incurred in defending the insured. Available as 'Νομική Προστασία' or 'Νομική Προστασία Arag' add-on across all tiers. Covers legal costs for the insured's defence. Specific limits depend on the selected variant.
Green Card (International Motor Insurance Certificate)
Covered
The mandatory MTPL coverage is valid in Greece, EU/EEA member states, and countries whose National Bureaux are party to the Multilateral Guarantee Agreement (the Green Card system), as signed on 15 March 1991. The Green Card serves as proof of insurance for international travel within these territories.
Roadside Assistance
Optional
Optional roadside assistance coverage available as a paid add-on across all tiers. Service provided 24/7 through Europ Assistance S.A. ('RSA Basic') or Ermis Assistance ('Ermis 35 Plus') partner networks covering breakdown recovery, on-site repair, towing, key loss, fuel shortage, and vehicle repatriation within Greece. Coverage applies to private passenger vehicles, motorcycles over 50cc, and light commercial vehicles up to 3.5 tonnes. Not available for vehicles exceeding 3.5T gross weight, total length over 5,500mm, width over 2,050mm, or wheelbase over 3.15m.
Driver Personal Accident
Optional
Optional coverage providing compensation up to the agreed sum for total or partial permanent disability or death of the driver resulting from an accident. Excluded for motorcycle use. The specific sum insured is determined at policy issuance.
Passenger Personal Accident
Not offered
Passenger personal accident coverage is not listed as an available coverage in the IPID or product documentation. The driver personal accident cover explicitly covers only the driver, not passengers.
Key conditions
Territorial scope
Mandatory MTPL coverage is valid in Greece, all EU and EEA member states, and other countries whose National Insurance Bureaux are signatories to the Multilateral Guarantee Agreement (Green Card system, signed 15 March 1991). Optional coverages are valid within Greece only, unless a specific policy clause states otherwise.
Green card rules
The Green Card (International Motor Insurance Certificate) is issued under the Multilateral Guarantee Agreement. The policy covers all Green Card territories listed on the certificate. Coverage under the green card system mirrors the mandatory MTPL limits applicable in each visited country. The insured must carry the Green Card when travelling abroad within covered territories.
Driver restrictions
No coverage is provided when: (a) the driver does not hold a valid driving licence as required by law; (b) the driver is under the influence of alcohol, toxic substances, narcotics, or medication taken without prescription or in excessive dosage; (c) the vehicle is used for a purpose different from that stated in the registration certificate; (d) the vehicle participates in official or unofficial races, speed competitions, demonstrations, or related test drives; (e) damage results from the gross negligence or wilful act of the policyholder, insured, or driver.
Claim notification deadline
The insured must notify the company in writing, immediately and no later than eight (8) working days from the date they became aware of the loss event. The insured must also cooperate fully with company representatives and loss adjusters, and must not admit liability, agree to any settlement, or take any action implying acceptance of the claim without the company's prior written consent.
Bonus-malus rules
Bonus-Malus protection is included as a standard benefit in the Standard and Advance tiers: in the event of fault in two claims during the policy period, the insured's Bonus-Malus rating is protected and does not deteriorate. Standard Greek Bonus-Malus regulations otherwise apply for rating purposes.
Where to buy
Policy specifics
Uninsured Vehicle Coverage
Coverage for damages resulting from collision with an uninsured vehicle, provided that the driver of the uninsured vehicle is solely at fault
Third-Party Liability Coverage
Covers bodily injury to third parties or damage to third party vehicles and property as mandated by Greek motor liability insurance regulations
Accident Notification
Insured must notify Apeiron of accidents via formal accident declaration form (Δήλωση Ατυχήματος) within specified timeframe
Claims Procedure
Formal claims process through Apeiron with 24/7 accident assistance hotline and structured claim settlement procedures
Complaint Procedure
Insured may lodge complaints through formal complaint form (Φόρμα Υποβολής Παραπόνου) with dedicated complaints department
Sources
- https://apeironinsurance.eu/%CE%B1%CF%83%CF%86%CE%AC%CE%BB%CE%B9%CF%83%CE%B7-%CE%B1%CF%85%CF%84%CE%BF%CE%BA%CE%B9%CE%BD%CE%AE%CF%84%CE%BF%CF%85/
- https://apeironinsurance.eu/wp-content/uploads/2022/03/%CE%95%CE%BD%CE%B7%CE%BC%CE%B5%CF%81%CF%89%CF%84%CE%B9%CE%BA%CF%8C-%CE%AD%CE%BD%CF%84%CF%85%CF%80%CE%BF.pdf
- https://apeirononline.gr/service-table/
- https://web.apeironinsurance.gr/useful/