interactive awards

School Installment Coverage

Whatever happens to you, do not interrupt your children’s education.

School Installment Coverage

School Installment Participation Insurance provides the necessary financial support for your children to continue their education if you die, become permanently disabled as a result of an accident, or become unemployed during the policy period. It ensures the installment payments to be made to the contracted educational institutions by the parents who have signed the Automatic Installment system contract at Albaraka Türk bank.



Advantages

  • ·You get a tax advantage.
  • With Katılım Emeklilik, you are under the assurance of interest-free insurance.
  •  Easy Application
  • You can benefit from privileged assistance services.

Scope of Insurance

·        Anyone healthy between the ages of 18-64 can benefit.

·        The insurance period is one year.

·        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.

·        In case the insured becomes unemployed within the framework of the conditions specified in the policy, a maximum of 4 monthly installments of the installment payments defined in the school installment system are paid to the bank.

·        Coverage amounts are determined according to the annual education cost.

·        The premium amount varies depending on the insured’s age and the number and amount of installments to be paid.

·        You can pay your premiums with your Albaraka Türk bank account or all credit cards in cash or in 6 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.

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Tax Advantage Calculation

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Agencies

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Bank Branches

Come to our nearest contracted bank, and we will complete your procedures in no time.

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