Page 7 - Turkinsurance Digital Magazine
P. 7
7
Katılım Emeklilik secures children’s education
Katılım Emeklilik General Manager unexpected situations is by getting
Ayhan Sincek stated that families’ insurance. With our Education
interest in education insurance has Assurance Life Insurance product,
increased in recent years, saying, we offer families the opportunity to
“With our Education Assurance Life financially secure their children’s
Insurance and School Installment education against potential risks.”
Life Insurance products, we secure
children’s education against potential The Education Assurance Life
risks. We ensure that children can Insurance product guarantees that the
continue their school life without child can continue their education in
interruption in the face of difficult cases where the parent is unable to
situations that families may work due to disability or in the event
encounter.” of death. Additionally, it provides
coverage against permanent disability
Katılım Emeklilik General Manager resulting from an accident, ensuring
Ayhan Sincek stated that they financial security. Thanks to the
aim to offer privileged services Education Assurance Life Insurance,
to policyholders at the most the predetermined amount in the
affordable prices, saying, “With policy designated for covering the
our life insurance products, which child’s education expenses is paid Financial support is provided to
are compliant with the principles to the child’s legal heirs. Healthy ensure the child can continue their
of interest-free insurance and have individuals between the ages of 18 education.
received the necessary approvals, we and 65 can benefit from education
are always by our policyholders’ side insurance products for their children. With the School Installment Life
when they need us. In line with this Insurance, financial support is also
approach, we continue to diversify Under the Education Assurance provided in cases of death, permanent
our product portfolio based on their Insurance, if the parent responsible disability, or unemployment due
needs. The interest and demand for the child’s education passes to an accident, allowing the child
for our Education Assurance Life away, the death benefit specified in to continue their education. The
Insurance and School Installment Life the policy is paid to the beneficiary insurance, which has a one-year
Insurance products, which we created or, if no beneficiary is specified, to duration, ensures that compensation
for families who want to secure their the legal heirs. This ensures that the is paid to the policyholder or legal
children’s education as much as their student can continue their education heir in the event of sudden or
health, continue to grow every day. So without interruption. The Permanent permanent disability within two years
far, we have introduced over 42,000 Disability Benefit due to Accident due to an accident, with the amount
families to our education insurance, ensures that the amount specified in depending on the degree of disability.
securing their children’s educational the policy is paid to the insured in the Installment payments made through
journey.” event of permanent disability during banks’ automatic installment systems
the insurance period. Depending on at partner educational institutions
The coverage amount can be deter- the child’s education duration, the are secured. If the parent responsible
mined by the participants insurance policy can be arranged for the child’s education becomes
for a period between 2 and 20 unemployed, as specified in the
Emphasizing the significant role of years, according to preference. The policy, a maximum of four months of
education insurance in ensuring a coverage amount can be determined installments is paid to the bank. The
secure future for children, Ayhan by participants based on the annual coverage amounts are determined
Sincek stated, “The way to financially education expenses and the insurance based on the annual education costs.
protect our children against period at the start of the policy.