Renewable Loan Payment Protection Insurance Turkey : Garanti Bank
Name of the Organization : GarantiBank
Type of Facility : Renewable Loan Payment Protection Insurance
Country : Turkey
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Renewable Loan Payment Protection Insurance :
Your loan installments are covered. Is there anything else we can help you with From now on, don’t worry about how you will pay your loan installments in case you lose your job. Ensure the payment of your installments with Renewable Loan Payment Protection
Related : Garanti Bank Turkey Apply For Structured Deposit Account : www.statusin.org/6326.html
Depending on your preference, you can select an annual or a longer-term option for Loan Payment Protection. Thus you can ensure the payment of your loan debt in case you lose your life or become disabled due to an accident. If you are a salaried employee and involuntarily lose your job, or if you are self-employed and hospitalized due to an accident or illness, your loan installments are paid.
For detailed information, you can call 444 0 333 Alo Garanti or visit the nearest Garanti branch.
Note:
* The Loan Payment Protection Insurance is offered by Garanti Emeklilik ve Hayat A.S.
Coverages and Additional Information:
Renewable Loan Payment Protection Insurance:
With a Renewable Loan Payment Protection Insurance from Garanti Pension, your loan debt are covered if you lose your life or become disabled due to an accident. If you are a salaried employee and involuntarily lose your job, or if you are self-employed and hospitalized due to an accident or illness, you will have payment protection for your loan installments. With the Renewable Loan Payment Protection Insurance, the remaining loan debt will be paid by Garanti Pension in case of loss of life or disability due to accident. Additionally, your loan installments will covered if you are a salaried employee and involuntarily lose your job, or if you are self-employed and hospitalized due to an accident or illness.
Long Term Loan Payment Protection:
With a Long Term Loan Payment Protection Insurance from Garanti Pension, your loan debt for long term (more than 1 year) loans are covered if you lose your life or become disabled due to an accident. If you are a salaried employee and involuntarily lose your job, or if you are self-employed and hospitalized due to an accident or illness, you will have payment protection for your loan installments.
Involuntary Unemployment Coverage:
If, while employed, you involuntarily lose your job without being at fault, your loan payment installments are covered.
To benefit from the Involuntary Unemployment Coverage, you must have been working at the same private sector company for at least 180 days consecutively at the date of unemployment. If your employment period is less than 180 days when you first purchase your policy, the remaining portion is added to the exclusion period.
You must have been employed for at least 120 days from the start of the policy, and must remain unemployed for at least 30 days from the start of your unemployment.
Daily Hospitalization Coverage:
With the Daily Hospitalization Coverage, if you are self-employed and hospitalized due to an illness or accident for at least (7) days at a hospital approved by the T.C Ministry of Health, you are covered against the loss of income that may occur during your hospitalization.
To benefit from the coverage, you must have been employed for at least 120 days from the start date of the policy and must be hospitalized for at least 7 consecutive days.
Note:
* The Renewable Loan Payment Protection Insurance is offered by Garanti Pension and Life A.S.