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Gan Direct - Direct insurance

Frequently Asked Questions about Property Insurance


Why buy Home Insurance?
Your Home is likely to be the largest investment you make. With GAN DIRECT property Insurance you have peace of mind and reassurance of high quality financial cover.

How much do I need to insure my home for?
Firstly, at GAN DIRECT we can save you up to 40% on your home insurance as soon as you decide to join us.
Nevertheless, when insuring your home, you need to think about insuring both the building and what’ s inside your home, which we call “contents”.

  • For Buildings insurance, you should insure your home for its full re- building cost, meaning the cost you would incur to rebuild your home, if it was totally destroyed. This is different to the market value of your home.
  • For Contents insurance, you should fill in an Inventory form, where you state the market value.

What do you cover against in the Fire and other Perils Policy?
GAN DIRECT Fire and other Perils Policy covers you against perils of loss or damage to the insured property as a result of

  • Fire resulting from an explosion
  • Thunderstorm, and
  • Explosion of boilers and/or gas devises


What do you cover against in the Theft Policy?
GAN DIRECT Theft Policy covers you against perils of loss or damage to the insured property resulting from theft or attempted theft.

Do I need to install an alarm or other security equipment in order to get covered with GAN DIRECT?
Installing a fire or security alarm in your home is not a prerequisite for getting cover with us. As soon as you buy your home insurance from GAN DIRECT, we will give you a fire alarm as a gift for your loyalty

How do I make a claim on my household and how long does it take?
You can register your claim by ringing our free phone lines, visit our website or even visit one of our offices in Cyprus (Contact Us). Small and well documented claims are processed very fast however, large claims may take longer to ensure correct evaluation of the claim.

I live in a rented flat/ house, can I take my contents cover with me?
Yes, provided you own all the contents of the rented property, i.e. it is not a rented furnished property.

Can I insure my company and company assets?
Yes, of course. In addition to private dwellings, we also insure companies. Similar to private dwellings, you can insure your company’s building for Fire and it’s contents for both Fire and Theft.
Apart from office equipment, fixtures and fittings and/or other valuables, we also insure your Company’s stock such as raw materials, finished goods, packing materials, and so forth.

Why we are different…at GAN DIRECT


GAN DIRECT ‘s philosophy is to provide the maximum customer satisfaction at the lowest insurance rates possible.
So, at GAN DIRECT

  • There’s no middleman. We offer you the cover you REALLY need and not the cover somebody else thinks you need
  • We keep things simple if you make a claim – you just call our FREEPHONE line and we sort it out for you.

Convinced already? You can buy online and save 5% more…

Why buy Home Insurance?
How much do I need to insure my home for?
What do you cover against in the Fire and other Perils Policy?
What do you cover against in the Theft Policy?
Do I need to install an alarm or other security equipment in order to get covered with GAN DIRECT?
How do I make a claim on my household and how long does it take?
I live in a rented flat/ house, can I take my contents cover with me?
Can I insure my company and company assets?
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