In case of a possible disability and death with Credit Life Insurance, the remaining financing amount is paid to the bank by Katılım Emeklilik.

The insurance period is equivalent to the financing period. The insurance amount is the amount of the debt in the repayment plan determined in the financing contract. In case of loss of life, the collateral amount specified in the policy is paid by Katılım Emeklilik to the relevant bank branch. After the credit debt is closed, the remaining amount, if any, is paid to the beneficiaries of the insured.

The factors affecting the premium in our Credit Life Insurance product are as follows;

  • Your age
  • Your financing period
  • Your premium payment method (cash / monthly)
  • Your financing amount
  • Your health conditions