Frequently Asked Questions
What we have been asked
Discover the answers to the most frequently asked questions and find out what you need to take full advantage of our services.
Income protection insurance is the most effective solution to ensure that your loved ones are financially secure in the event of an unfortunate incident.
We provide specialized consulting services and personalized insurance plans for individuals and businesses. The company operates in both life and general insurance sectors, with specialized personnel for each.
Life insurance includes life and health insurance, retirement plans, investment plans, and business insurance. General insurance covers property and liability insurance.
Life insurance includes life and health insurance, retirement plans, investment plans, and business insurance. General insurance covers property and liability insurance.
- Experience: we have more than 18 years of experience in the insurance industry.
- Trust: Our customers know and feel they can rely on us to provide them with the right insurance solutions to meet their real needs.
- Professionalism: we invest in continuous learning and training, monitoring and adapting to changes and developments in the insurance sector and the economy in general. We respect and build trusting relationships with our clients, ensuring that we provide them with the best solutions and high quality service.
- Quality: The certifications and awards from international organizations of the company's founder in terms of quality of services are for us simply the springboard for even higher quality services to our customers. Also, our cooperation with the leading insurance company in Cyprus, CNP CYPRIALIFE, as well as with other leading General Insurance companies, ensures the provision of quality products and services.
Find more information about us here.
Insurance plans should be reviewed annually to ensure they meet your actual needs. Yes, you can switch to us, but only after a thorough professional analysis of your needs and identifying gaps in your current insurance plan.
Cypriot law encourages private insurance by offering tax deduction benefits to citizens insured through private insurance, up to 35% of the premium.
A personal meeting with us is essential to provide you with relevant information and recommend the best options to take advantage of this benefit.
A personal meeting with us is essential to provide you with relevant information and recommend the best options to take advantage of this benefit.
The most valuable asset of any business is its workforce. Beyond property insurance (fire, earthquake, theft, etc.) and liability insurance (employer liability, public liability, etc.), it is vital for a business to ensure smooth operations in case of an unfortunate event affecting a shareholder or key employee contributing significantly to the revenue.
For more information on how proper insurance planning can assist your business, contact insurance advisor Phidias Papanikolaou at +357 26 816010 or via email at phpapanicolaou@cnpcyprusagents.com.
For more information on how proper insurance planning can assist your business, contact insurance advisor Phidias Papanikolaou at +357 26 816010 or via email at phpapanicolaou@cnpcyprusagents.com.
Proper retirement planning is based on three pillars. The first pillar is the state pension plans (Social Security). The second is occupational pension plans and the third is personal pension plans. To maintain the same standard of living after retirement, you need at least 70% of your pre-retirement income. This can only be achieved by having all three pillars in place.
A good insurance advisor, apart from possessing specialized knowledge, must also:
- Be dedicated to their profession.
- Continuously invest in their knowledge.
- Stay informed about changes and developments in the insurance sector.
- Prioritize their clients' needs and offer high-quality products and services.
- Provide solutions tailored to their clients' needs.
- To respect his customers and be honest with them.
- To meet the current and future needs of its customers.
The financial data of insurance companies are published annually through the Solvency and Financial Condition Report submitted by the companies.
The higher the solvency ratio of an insurance company, the more financially capable and capitalised it is in relation to the activities and risks it undertakes. CNP CYPRIALIFE had the highest solvency ratio for 2018 (343%) compared to insurance companies operating in Cyprus. You can view CNP CYPRIALIFE's Solvency and Financial Condition Report here.
The higher the solvency ratio of an insurance company, the more financially capable and capitalised it is in relation to the activities and risks it undertakes. CNP CYPRIALIFE had the highest solvency ratio for 2018 (343%) compared to insurance companies operating in Cyprus. You can view CNP CYPRIALIFE's Solvency and Financial Condition Report here.
Protecting your personal data is of utmost importance to us. The personal data you have consented to share with us are used in compliance with GDPR legislation.
To determine the amount of coverage, an insurance advisor must conduct a full analysis of your needs, recommend the necessary coverage, and inform you of the required premium.
Yes, there are. More than 18 supplementary coverages/benefits are available to enhance your insurance policy to reflect your exact needs.
Yes, you can access your insurance contracts online 24/7 through the CNP Cyprus online portal "insupass" via your mobile phone or computer.