GRAWE Cyprus
GRAWE Cyprus is a motor third-party liability insurance for the CY market with no online purchase and limited assistance availability.
Άμεση πληρωμή
Not evidenced in available sources; no direct-payment or cashless repair network details found on official product page.
Geographic scope
CY
Republic of Cyprus (excluding occupied territories); Green Card valid across EU/EEA member states and Green Card system countries
Μοναδικά πλεονεκτήματα
- GRAWE Cyprus is backed by the GRAWE Group (Grazer Wechselseitige Versicherung AG), an Austrian insurer with over 195 years of history and operations across 13 countries, providing strong financial stability.
- GRAWE Cyprus (formerly Prime Insurance, founded 1999) is a composite insurer offering integrated motor and life/health insurance solutions from a single provider.
- GRAWE Cyprus provides dedicated road assistance and accident care services for travel outside Cyprus, supporting policyholders across the EU and beyond.
- As a fully licensed member of the Insurance Association of Cyprus and part of the GRAWE Group's 19-country network, GRAWE Cyprus combines international standards with local expertise.
Όρια κάλυψης
Bodily Injury & Death Liability
Covered
Covers the insured's legal liability towards third parties for bodily injury or death arising from the use of the insured motor vehicle. Minimum statutory limits apply per event as set by the Motor Vehicles (Third Party Liability Insurance) Laws of Cyprus (Law 96(I)/2000 as amended by Law 167(I)/2023). No GRAWE-specific limit above the statutory minimum was published in the verified sources.
Third-Party Property Damage Liability
Covered
Covers the insured's legal liability towards third parties for property damage arising from the use of the insured motor vehicle. Minimum statutory limits apply per event. No GRAWE-specific limit above the statutory minimum was published in the verified sources.
Legal Defence / Motor Legal Protection
Not offered
Legal defence coverage is not explicitly described or confirmed as included in GRAWE Cyprus MTPL in the verified sources. Availability as an optional add-on cannot be confirmed from the product page alone.
Green Card (International Motor Insurance Certificate)
Covered
Green Card coverage is implied by GRAWE Cyprus being a licensed MTPL insurer in Cyprus and a member of the Green Card system. Since January 2025, digital Green Cards are legally equivalent to paper cards under Law 167(I)/2023. The GRAWE Cyprus website has a dedicated road assistance page referencing travel outside Cyprus. No explicit GRAWE-specific Green Card terms were found in the verified sources.
Roadside Assistance
Optional
GRAWE Cyprus has a dedicated page for road assistance and accident care outside Cyprus (grawe.cy/el/road-assistance), indicating this service exists. However, it is not confirmed as included in the base MTPL policy versus being an optional add-on. Specific terms, limits, and geographic scope were not available in the verified sources.
Driver Personal Accident
Not offered
Driver personal accident coverage is not mentioned on the GRAWE Cyprus MTPL product page in the verified sources. Not confirmed as included or available.
Passenger Accident (Third-Party Bodily Injury incl. Passengers)
Covered
Under Cyprus MTPL law, passengers in the insured vehicle are covered as third parties for bodily injury claims. This is a statutory inclusion under the Motor Vehicles (Third Party Liability Insurance) Laws. No separate passenger accident benefit (above MTPL liability) was evidenced for GRAWE Cyprus in the verified sources.
Βασικές προϋποθέσεις
territorial_scope
The policy covers use of the insured vehicle within the Republic of Cyprus (excluding occupied territories). Third-party liability extends to all EU/EEA member states and Green Card system countries via the international Green Card. Since January 2025, digital Green Cards are legally valid under Law 167(I)/2023.
green_card_rules
A Green Card (International Motor Insurance Certificate) is required for travel outside the Green Card zone. Since January 2025, digital Green Cards displayed on a mobile phone screen are legally equivalent to paper Green Cards under the amended Motor Vehicles (Third Party Liability Insurance) Law 167(I)/2023. The GRAWE Cyprus website includes a dedicated road assistance page for travel outside Cyprus.
driver_restrictions
Not explicitly stated in available GRAWE Cyprus sources. Under Cyprus law, the policy covers the owner, holder, driver or any person authorised to drive the insured vehicle who holds a valid driving licence for the relevant vehicle category. Persons who obtained the vehicle by theft or violence, or who deliberately caused the accident, are excluded.
claim_notification_deadline
Not explicitly stated in available GRAWE Cyprus sources for the MTPL product. Policyholders should notify the insurer promptly following an accident. Standard Cyprus market practice requires written notification without delay.
bonus_malus_rules
Cyprus operates a bonus-malus system for motor insurance. Each claim-free year earns a premium discount, with discounts reaching up to 60% after six or more claim-free years. GRAWE Cyprus-specific bonus-malus table or rules were not published in the verified sources.
Λεπτομέρειες ασφαλιστηρίου
Occupied Territories Exclusion
Coverage under Cyprus MTPL does not extend to the occupied territories of Cyprus (northern Cyprus), where the Republic of Cyprus has no jurisdiction.
Statutory Minimum Liability Limits
As a licensed MTPL insurer in Cyprus, GRAWE must meet the statutory minimum limits under the Motor Vehicles (Third Party Liability Insurance) Laws. Conflicting figures exist in market sources: bodily injury cited as €33,540,000 (older source) or €38,600,000 (post-Law 167(I)/2023) per event; property damage cited as €1,120,000 or €1,300,000 per event. No GRAWE-published specific limits were found.
Digital Green Card Recognition (Law 167(I)/2023)
Since January 2025, digital Green Cards displayed on a mobile phone screen are legally equivalent to paper Green Cards in Cyprus, following the transposition of EU Directive 2021/2118 via Law 167(I)/2023.
Motor Insurers' Fund (MIF) Cross-Border Insolvency Protection
Under Law 167(I)/2023, the Motor Insurers' Fund of Cyprus (MIF) has expanded powers for cross-border insolvency procedures, protecting victims of accidents involving vehicles insured by insolvent Cyprus insurers.