COMPENSATION IN CASE OF TERMINATION OF EMPLOYMENT
The provisions of Termination of Employment Law (24/1967) regulate and define the rights and obligations of employers and employees in case of termination of employment. According to Section 3 of the Law, an employee whose employment is terminated unlawfully after he/she has completed minimum 26 weeks of continuous employment with an employer, is entitled to compensation. In addition to this,...
INSURANCE CLAIMS IN CYPRUS: NO WIN NO FEE SERVICE
Insurance represents a contract, in which an individual or a private entity receives financial protection or reimbursement against unexpected losses from an insurance company. In general, insurance is a form of risk management used to hedge against the risk of financial losses. Therefore, individuals and companies purchase insurance for several reasons. Some illuminating examples are life,...