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Alpha Home Construction insurance
Home-building protection
Alpha Bank SA, in addition to its status as a credit institution, also acts as an insurance intermediary. Find out more about Alpha Bank's intermediation (only in Greek).
Discover the features
What it offers
The Alpha Home Construction insurance plan covers you if you have taken out a home-building mortgage loan and need to insure the property until its completion.
You are protected against damages to your home or third parties during the construction works, such as:
- Material damage to the property
- Civil liability against third parties
- Employer liability
What’s the premium and the term
Low premium
The premium for Alpha Home Construction is €1.758 per €1,000 of the total home construction budget.
You can pay it:
- In one go up to €1,000
- In 2 6-month instalments for €1,000 or more
Until the project is completed
The term of the Alpha Home Construction insurance plan is the construction period. Once your home is finished, the Alpha Home Construction insurance plan is cancelled.
You can choose the Alpha Home Insurance plan we offer in cooperation with Generali for your finished home.
What to do in case of damage
Call Generali to report the damage caused to your home or the civil liability case and make a claim:
- 801 111 222 333
- +30 210 809 6100
Then, Generali assesses your claim and starts the payment process.
Can I get the insurance plan?
Apply provided you...
- Have taken out a home-building mortgage loan.
- Need to cover the building until it’s finished.
- Have booked an appointment at an Alpha Bank branch.
Have at hand...
The necessary supporting documents depending on whether you:
- Already bank with Alpha Bank and have updated your details.
- Want to start banking with us or haven’t updated your details.
Explore other options
Any questions?
Find the answers you need about the Alpha Home Construction insurance plan.
Which insurance plan can I get once construction has been completed?
How do I estimate the value of my home contents?
According to your actual needs:
- €35,000 or €65,000 for homes up to 130 square metres.
- €65,000 or €100,000 for homes larger than 130 square metres.
For example, if you are renting a 90 sqm home and you estimate the contents at €52,000, you should get coverage for €65,000 to be on the safe side.