Detached House / Villa Insurance Overview Property Value: 🏠 Buildings: €400,000 📦 Contents: €20,000 Loss of Rent Receivable: Up to €10,200 for a 12-month 👉 estimated premium €600-€700- Down payment €60

Detached House / Villa Insurance Overview

Property Value:
🏠 Buildings: €400,000
📦 Contents: €20,000

Additional Covers:
💶 Loss of Rent Receivable: Up to €10,200 for a 12-month indemnity period if the property becomes uninhabitable due to insured damage.
⚖️ Public Liability: Up to €400,000 per insured incident.

📜 PROPERTY OWNER'S INSURANCE PACKAGE

1️⃣ Property Covered:
Covers the buildings and contents listed in the schedule, unless specifically excluded.

2️⃣ Buildings Definition:
Includes landlord’s fixtures and fittings, outbuildings, boundary walls, gates, fences, piping, ducting, cables, playgrounds, parking areas, storage tanks, and swimming pools, all within the premises and connected to public services where the owner is responsible.

3️⃣ Insured Event:
Any accidental, physical incident (unless excluded) that occurs at the insured premises within the policy period.

❌ Excluded Property / Losses

No cover is provided for:

• Fences, gates, and loose items left outdoors against theft or weather (except lightning).

• Licensed vehicles, caravans, watercraft, aircraft, or rail vehicles (except non-road mobile plant at the premises).

• Machinery while being worked on or tested (unless resulting damage affects other insured property).

• Livestock, crops, or trees.

• Jewelry, valuables, antiques, rare books or artwork unless declared and accepted in writing.

• Land, excavation sites, piers, jetties, bridges, roads, or pavements.

• Properties under construction (minor alterations are covered if reported).

• Electrical damage caused by internal faults or over-running (except fire damage resulting from this).

• Pollution/contamination unless directly caused by an insured peril.

• Property in transit.

• Cash, cheques, stamps, bonds, credit cards, and securities.

💶 Loss of Rent Cover

Rent Receivable:
Income lost due to insured damage making the property unlettable.

Indemnity Period:
Up to 12 months starting from the date of the damage.

Standard/Annual Rent:
Calculated based on income from the same period the previous year.

Adjustments:
Figures adjusted to reflect business trends and other influencing factors before or after the incident to fairly assess lost income.

⚖️ Public Liability Cover

Covers legal liability for:

• Accidental injury to others.

• Accidental damage to property.

• Accidental nuisance, trespass, or interference with rights of way, within the policy’s territorial limits (Cyprus) and during the insured period, including legal defense costs.