Employer's Liability Insurance
Employer’s Liability Insurance “Hephaestus”
The most significant and invaluable asset of any business is its human resources. Protecting and securing them is the responsibility of every employer. In this responsibility of yours, Ypera is your ally.
"Employee safety and health are not only the responsibility but also the obligation of employers."
Indemnity for the employer against his legal liability to pay compensation for bodily injury, death, disease or illness (defined by relevant regulations) caused by accident to any employee, whilst they are employed and working for the insured in Cyprus or abroad (for permanent residents of Cyprus).
Limits required by legislation (minimum):
- For each employee € 160.000
- For each incident € 3.415.000
- For each insurance period € 5.125.000
Although the above limits of indemnity are the minimum required by law, these are not the maximum that can be offered to the insured.
As Court awards can reach much higher amounts our Company can provide coverage limits up to
- For each employee € 500.000
Employers Liability Claim Form