The paradise island of Cyprus on the Eastern edge of the Mediterranean Sea is a hugely popular destination for people looking for holidays, retirement homes or a place to invest in and develop businesses. However, like any trip abroad, there are always things to consider, and travel insurance for Cyprus is important.
It is important to remember that travel insurance is mandatory if you are travelling on a Schengen visa. If you don't need a visa, then it is optional but highly recommended. For example, if you are likely to be undertaking any sporting or water sports, third-party insurance can save you from costly claims in the event of an accident.
There is much to consider; cover against death or injury, and third-party risks are the more obvious. In addition, there are flight delays, cancellations, loss or damage to luggage, theft of property, loss of your funds in Cyprus, return of hotel deposits and general personal liabilities.
It is crucial to sort out travel insurance in Cyprus before you make the trip. This will cover you in case of cancellations in addition to anything that may happen while you are in the country. This is especially important in these Covid times. If you are likely to be a frequent visitor to the island, then it's worth looking at an annual policy.
It is vital that you use a reputable company to arrange your travel insurance for Cyprus. Whether you buy travel insurance online or go through a high street broker. Do some research and ask questions of anyone you may know who has been before. Word of mouth is often the best advice to take.
Which Magazine rates all Insurance firms on their website so you can quickly check for a reliable company. So whether you wish to buy your travel insurance for Cyprus online or by any other means, it should be easy to find a trustworthy company offering comprehensive cover.
Always consider the things for which you should be covered. For example, travel insurance for Cyprus residents isn't really an issue; if you are relocating here, your insurance needs to be tailored differently to that for holidaymakers. For example, medical insurance in Cyprus is important.
Health care is a paid-for provision on the island. There are excellent medical facilities, but they have to be paid for. Therefore, if you travel to Cyprus from the UK, you should obtain a UK Global Health Insurance Card (GHIC) or European Health Insurance Card (EHIC) before leaving the UK. There is no cost.
Public liability insurance in Cyprus is certainly worth considering. But, for example, if you use a jet sky, it's always best to have your own cover.
Suppose you are investing in or starting a business on the island. In that case, you can make your social insurance payments online in Cyprus. Payments can be made by direct debit or by debit or credit card. In addition, you must get employer's liability insurance for Cyprus. Failure to do so can result in up to 12 months imprisonment or a fine of up to €1,500. In addition
Always ensure that you fully understand the terms and conditions. For example, you may see terms like status insurance. If your insurance company has "primary insurance status," it means that they will pay on the beneficiary's healthcare claims first, and medicare will pay second. However, no matter who pays first, you will still be responsible for each cost-sharing.
Before embarking on your trip, it is imperative to consider all these points regarding travel insurance for Cyprus. Read the policy carefully and ask questions. A good broker or insurance company should never evade answering questions. When travelling, keep any documents safe and make an electronic copy if you haven't already got one.
Once you have your insurance sorted, you can put it out of your mind and concentrate on why you came to Cyprus in the first place. Whether it is a holiday, a short business trip, or a permanent move, peace of mind is worth an awful lot.
Answer: If you fall under the category of not needing a visa, then you do not need insurance to visit Cyprus. However, it's a huge risk not to buy it. It's not being pessimistic, but anything can happen, and sod's law says if you're not covered, it will.
Answer: Cyprus is a member of the European Union, so it's wise to carry your European Health Insurance Card (EHIC) or Global Health Insurance Card (GHIC) on your trip. This should not be seen as a substitute for travel insurance, but it does give you the right to state medical treatment on equal terms with any other EU nationals.
Answer: Travel insurance does not have to be hugely expensive. Policies these days do not cost as much as people think. Search online for the best deals.
Answer: You can choose any company that you wish to fulfil your requirements. However, always ask questions and ensure you fully understand what you are getting for your money.
Answer: If you are making the move permanent, you will need your passport and a utility bill to show that you are living here in Cyprus permanently. Therefore, looking at a policy explicitly tailored for ex-pats would be best. Immigration Insurance is a separate field, and some outstanding policies are available.
Answer: The factors that will affect your policy will be your age and pre-existing medical conditions. Always declare truthfully; otherwise, your entire policy may be declared void.
