Loan protection insurance Turkey
Loan & mortgage
protection insurance.
Finanscım sigortası — protects your loan or mortgage repayments in the event of death or disability. Required by most Turkish banks. Compare independent rates from 30+ insurers.
Mortgage protection
Required by Turkish banks for konut kredisi. We source independent cover — often cheaper than the bank's own product.
Car loan cover
Covers outstanding taşıt kredisi if you die or become permanently disabled.
Personal & business loans
Protection for ihtiyaç kredisi and commercial credit facilities.
Reducing balance
Cover reduces in line with your outstanding loan — you only pay for what you owe.
Critical illness add-on
Some plans include critical illness benefit — payout on diagnosis of cancer, stroke or heart attack.
Bank-independent
You are not tied to your bank's insurer. We compare the market and find you a better rate.
Loan protection insurance Turkey — FAQ
What is loan protection insurance in Turkey?
Loan protection insurance (finanscım sigortası / kredi hayat sigortası) covers your loan or mortgage repayments if you are unable to pay due to death, permanent disability, or in some plans, redundancy or critical illness. It ensures your debt does not become a burden on your family.
Is loan protection insurance required for a mortgage in Turkey?
Turkish banks typically require life insurance linked to the mortgage amount as a condition of the loan. Some also require payment protection cover. We can arrange both the mandatory life policy and optional payment protection from Turkish-licensed insurers.
What loans does this cover?
Mortgage loans (konut kredisi), car loans (taşıt kredisi), personal loans (ihtiyaç kredisi) and business credit facilities. The policy is tied to the outstanding loan balance and reduces in line with your repayments.
Does it matter which bank holds my loan?
No. You are not required to take the insurance your bank offers. Banks may push their own tied product but you have the legal right in Turkey to arrange equivalent cover from any licensed insurer. Independent cover is often cheaper — we compare the market for you.
How much does loan protection insurance cost in Turkey?
Premiums depend on the loan amount, your age, health status and term length. Mortgage life cover typically costs 0.03–0.08% of the outstanding balance per month. We compare rates from multiple insurers to find the best price.
Don't pay your bank's rate.
Independent loan protection insurance in Turkey.
Tell us your loan amount, type and term. We compare rates from 30+ Turkish insurers — often significantly cheaper than what your bank quotes.
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