1.To ensure that the Fund acts as an effective organization fulfilling the purpose for which it was established, that is  to pay,  under specified circumstances, fair compensation to the victims of:

  • Uninsured vehicles,
  • Unidentified vehicles,
  • Vehicles insured with insurance companies which are under liquidation, whilst maintaining the financial strength to fulfill the above obligations, according to Cyprus Law and International Agreements which have signed.

2.To contribute to the minimization of uninsured vehicles.