Personal Accident Insurance in Cyprus
Your income doesn’t pause just because you’ve had an accident. Personal accident insurance pays a lump sum for death or disability and covers your salary while you’re recovering. We compare plans from several licensed insurers so you actually get the best rate, not just the first one.
Cyprus social insurance only covers the basics when it comes to workplace benefits. And if you’re self-employed, there’s no employer topping up your sick pay. That’s exactly the gap personal accident insurance is designed to fill.
Why DigiCare
Why clients choose DigiCare for accident insurance
Compare & Save
We’re an independent broker, which means we don’t push one insurer’s product. We compare personal accident rates across multiple licensed Cyprus insurers so you can see the real spread of prices before deciding.
Income Protection Focus
We match cover to your actual salary. So your temporary disability benefit reflects what you genuinely earn, not some generic round number pulled from a template.
Bundle Discounts
Add personal accident to an employers’ liability or health policy and you’ll save 15-20% on the combined premium. Most of our business clients already do this.
3-Language Support
We speak English, Russian, and Greek. Every document, every call, in your language.
How much does personal accident insurance cost in Cyprus?
I get asked this daily. The short answer: basic cover starts at €120 per year. That gets you a €75,000 lump sum for accidental death or permanent disability. Want income replacement on top of that? You’re looking at around €300 per year. Your actual premium depends on age, occupation, and the coverage limits you choose.
| Coverage Level | Annual Premium |
|---|---|
| Basic: €75,000 death + permanent disability | €120/year |
| Mid-tier: €150,000 death + permanent disability | €150/year |
| Comprehensive: €200,000 death + permanent disability | €200/year |
| With income replacement (from €25/month) | From €300/year |
Premiums from CGI Cyprus. Actual rates depend on age, occupation, health, and insurer.
What does personal accident insurance cover?
Accidental death: lump sum (€50,000 to €1,000,000)
Total permanent disability
Permanent partial disability (percentage based on disability tables)
Temporary total disability: income replacement of a percentage of your registered salary, typically 60-75% depending on the insurer, for up to 24 months
Hospital cash benefit
Medical expenses from accidents
What’s NOT covered
Illness and disease
Self-inflicted injuries
Pre-existing conditions without medical underwriting
Injuries under the influence of drugs or alcohol
War, terrorism, nuclear radiation
Some basic plans exclude employment-related accidents
Age limits: new policies generally cap at 60-65. Renewals are possible until 70.
Who needs personal accident insurance in Cyprus?
PA insurance is voluntary. But for certain people, it’s practically a necessity. Here’s who I see buying it most often.
Self-employed & freelancers
No employer sick pay. Cyprus social insurance pays a basic daily allowance, but it won’t cover your rent if you’re off work for three months. PA insurance fills the income gap.
Small business owners
If you’re the person who keeps the business running, a serious accident could shut everything down. Key-person accident cover protects your revenue while you recover.
Expats & foreign professionals
Many expats here have limited social insurance history in Cyprus. Your home country safety net doesn’t follow you abroad. PA insurance gives you a local backup.
Employers (group plans)
Group accident insurance is a low-cost employee benefit in Cyprus. It helps with staff retention and shows your team you genuinely care about their welfare.
Active lifestyle
If you hike, cycle, or play sports regularly, the chance of a fracture or ligament tear goes up. PA insurance covers recovery costs and the income you lose while you’re healing.
HOW IT WORKS
How to get personal accident insurance
Tell us about yourself
Share your age, occupation, income, and the cover level you want through our online form.
We find your best rate
We compare quotes from our panel of licensed Cyprus insurers and send you the best options within 24 hours.
Get your policy
Pick the plan that works for you. Policy documents arrive by email.
Personal accident vs health vs life insurance
People mix these up all the time. So here’s the difference in plain terms. Personal accident insurance covers injuries from accidents only and replaces lost income. Health insurance covers illness and accidents but won’t pay your salary while you’re off work. Life insurance pays out on death from any cause, but it’s a lump sum for your family, not income replacement for you.
| Personal Accident | Health Insurance | Life Insurance | |
|---|---|---|---|
| Covers | Accidents only | Illness + accidents | Death from any cause |
| Income replacement | Yes | No | No (lump sum) |
| Legally required? | No | No | No |
| Typical cost | €120-300/yr | €500-2,000/yr | €200-1,000/yr |
| Best for | Self-employed, active lifestyles | Everyone | Families, mortgage holders |
A lot of our clients combine personal accident with health insurance for full protection. We bundle both and get you a lower combined rate.
Get a Combined QuoteFAQ
Frequently asked questions
Protect your income. Get covered today.
An accident can happen to anyone. What matters is whether your income keeps flowing. From €120/year. 3 minutes to quote.