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Long Term Commercial Loan Life Insurance
Secure your commercial loan debts with Katılım Emeklilik
What is it?
Advantages
Scope of Insurance
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Vergi Avantajı
Long Term Commercial Loan Life Insurance
With the Commercial Credit Life Participation Insurance offered exclusively to Albaraka Türk and Kuveyt Türk commercial customers, in case of loss of life, it pays your remaining credit debt and ensures that your relatives are not in financial difficulties.
Advantages
- You get a tax advantage.
- With Katılım Emeklilik, you are under the assurance of interest-free insurance.
- You receive your security deposit in cash and use it for any expenditure you want.
Scope of Insurance
- Anyone between the ages of 18-75 can be insured.
- The insurance period is determined as a minimum of 2 and a maximum of 10 years.
- In case of permanent injury suddenly due to an accident or within 2 years, the indemnity amount is paid to the insured or the legal beneficiary.
- The amount of coverage is determined by you according to the insurance period and your expectations on the insurance beginning date. It decreases in direct proportion to the remaining insurance period each year.
- The premium amount varies depending on the age of the insured, the credit amount, the insurance period, and the payment method.
- You can pay your premiums with your Albaraka Türk bank account and all credit cards in cash or in 12 to 24 installments.
In Katılım Emeklilik ve Hayat A.Ş., you will receive services in accordance with the Interest-Free Insurance Concept and the principles of Interest-Free Insurance. In all of our products, your funds are used in investment instruments that comply with the principles of interest-free insurance.
