My Home Advanced & Total

Piraeus Bank recommends the My Home Advanced & Total insurance which is designed by ERGO Insurance Company, in order to cover the building and content of your home against potential risks.

TYPE OF COMPENSATION
/ BENEFITS
  • Key coverage includes fire insurance for the building and contents of your home
  • Additional coverage includes comprehensive protection for your property depending on the insurance plan you choose
DURATION
1 year

With an option to renew
PREMIUM PER YEAR
From €43
OTHER FEATURES
  • Insurance at "new for old" value
  • Interest-free premium instalments
  • Fast and transparent claims procedures

How you benefit

Damage restoration at "new for old" value

In the case of damage caused to the building or contents of your home by one of the risks covered, the compensation you receive is calculated based on the amount it costs to rebuild “as new” or to replace items with new ones of the same standards and performance at the time of the loss in the same location.


Low interest-free premium instalments

My Home Advanced & Total are available at very affordable rates. Use any Piraeus Bank credit card to pay your premiums in up to 12 interest-free monthly instalments.


Insurance tailored to your needs

My Home Advanced & Total offer basic and optional forms of coverage that can be combined in 2 insurance plans. Simply choose the plan that suits your needs, preferences and pocket. Earthquake coverage can also be added to all plans for buildings constructed after 1960. Holiday house can be insured only by Total package.

Discount based on the sum insured

My Home Advanced & Total offer discount, based on the overall insured capital. The discounts available are shown in the table below.

Discounts available
Total sum insured Discount
Up to 50.000€ 0%
From 50.001€ to 100.000€ 10%
From 100.001€ to 150.000€ 15%
From 150.001€ to 200.000€ 20%
From 200.001€ to 800.000€ 25%



For owners and tenants

My Home Advanced & Total protect the building in case you are the owner, or/and the content either you are the owner or the tenant.


Contracts issued immediately

The insurance process is simple and easy. It takes no time to get from insurance quote to having the contract issued and paid for. Then simply pick up your policy at the branch of Piraeus Bank that suits you.

Coverage

The coverage available in My Home Advanced & Total is offered in line with the general and special terms of your policy :

Basic coverage Advanced Total
Fire, fire caused by lightning, exploding appliances and facilities, airplane crashes     
    
Explosion   
  
Falling trees, lamp-posts   
  
Forest fire   
  
Collision with third party vehicles   
  
Terrorist acts   
  
Civil commotions, strikes, riots   
  
Malicious acts   
  
10% Leeway clause   
  
Removal of rubble   
  
New for old value   
  
Theft   
(Optional for Holiday House)
Architect’s / engineer’s fees and license fees   
(only for permanent residence)
Flood, tempest, storm, snow, weight of snow, hail, frost   
Water pumping costs   
(only for permanent residence)
Leaking pipes and sewers   
Short-circuits due to fire   
Glass breakage (windscreens)   
Third party civil liability arising from a covered risk   
Relocation costs   
Damage to building due to theft   
Loss of rent   
Cost of works to investigate water damage   
(only for permanent residence)
Damage minimization costs   
(only for permanent residence)
Damage to solar water heater as a result of covered risk   
Damage to objects located on the outside of the building   
(only for permanent residence)
Bank safe deposit box   
(only for permanent residence)
Jewelry  (in a built-in safe)   
(only for permanent residence)
Food spoilage   
(only for permanent residence)
Earthquake Optional Coverage Optional Coverage
Personal accident   
Family civil liability   


Example of premiums payable

100 m2 apartment Advanced Total
Insured capital for building shell 100.000€ 100.000€
Contents insured capital 40.000€ 40.000€
Total annual premiums 80€ 187€

These premiums have been computed for permanent residence without earthquake coverage.



100 m2 apartment Total
Insured capital for building shell 100.000€
Contents insured capital 25.000€
Total annual premiums 150€

These premiums have been computedfor holiday house without the coverage of theft and earthquake.

Deductibles

Maximum deductible

My Home Advanced & Total set a maximum deductible so you know from the outset how much you will have to pay out in the case of damage or loss. The deductible depends on the coverage you have and the risks insured according to the general and special Terms of the program:

  • For earthquake coverage – 2% of the insurance value for each instance of damage