Do you have an insurance plan with Hellenic Life?
You are covered!
Why trust Hellenic Life for your insurance needs?
High Solvency Ratio
- Hellenic Life is a member of the Hellenic Bank Group with over 20 years of experience in the Cypriot insurance market and a solvency ratio of over 300%.
ISO 9001 Certified
- Hellenic Life is certified with the quality management system ISO 9001: 2015 by the Cyprus Certification Company and in accordance with the requirements of this standard is committed to maintain a quality culture.
Large number of service points
- The network of Hellenic Bank, with over 60 branches throughout Cyprus, offers easy access to all our customers or interested customers from wherever you are.
Large number of clients and products
- Hellenic Life serves over 85,000 customers all over Cyprus.
- Our Company offers a wide range of insurance products and coverages.
What is Insurability?
Insurability is the ability of each of us to be insured. With the insurance coverage you have already secured your insurability for the coverage amounts you have chosen, regardless of whether in the meantime your state of health has changed, which would not allow you to be insured today on the same terms.
Why is it important to purchase/maintain life insurance coverage?
Insurance coverage is important for all of us as:
– Secures credit facilities, so that in case of death or inability to work of the insured, his loved ones are not burdened with any loan repayments
– Serves as a financial pillar to support the family, in case of death, disability or diagnosis of a serious illness of the breadwinner member of the family
– Aimed at long-term savings / investment for retirement, children’s studies or other planned or unexpected life events
– It serves as a tax exemption tool, the state encourages private insurance and provides as an incentive to claim tax exemption, which incentive, according to current legislation can reach up to 35% of the premium
– Assists employers and companies in strengthening the package they offer to their employees.
Loss of tax exemption in case of cancellation
In case of cancellation of a Life Insurance contract within 6 years from the date of its issuance, a percentage of the insurance premiums granted as a discount is taxed, as follows:
– Cancellation within 3 years 30%
– Cancellation from 4 to 6 years 20%
What is Insurability?
Insurability is the ability of each of us to be insured. If you are already insured, you have already secured your insurability for the coverage amounts you have chosen, regardless of whether in the meantime your state of health has changed, which would not allow you to be insured today on the same terms.
Why is it important to purchase/maintain life insurance coverage?
Loss of tax exemption in case of cancellation
Service point Locator
Visit us at any Hellenic Bank branch and we can help you on the spot