AvivaSA is With You Against Unexpected Events...

Life is full of beauties, but also of negativities of which none would be ambitious to think of. Against these types of negativities, we cover you by life insurances in order to minimize the risks and avoid financial troubles.

Life insurances include first and foremost the death coverage as the main coverage. Death coverage is activated in case anything unexpected and unwanted happens to cause the insured person’s death. Life insurances prevent financial problems by paying the coverage as disclosed in the policy to the beneficiaries or the legal heirs.

By paying additional premiums besides death coverage, other types of coverage, such as Death by Accident, Disability by Accident and Treatment Expenditures after Accident, may also be purchased. This kind of disability coverage is activated in case the participant becomes disabled as a result of an accident. Coverage of Treatment Expenditures after Accident meets the expenditures required for the insured person’s treatments.

The premiums for life insurances can be paid in YTL or indexed to foreign exchange (USD, Euro). Terms of premium payments depend on products and there are different payment alternatives such as lump sum, monthly, 3 monthly, 6 monthly or yearly.

Life insurances are grouped under the titles of Yearly, Long-Term, Individual Accident and Credit Life insurances and all coverages are realized within the coverage limits mentioned on the policy.

Yearly Life Insurances, as can be understood from the name, are life insurances that can be renewed on a yearly basis. With this coverage, you are covered against the risks you will confront for 1 year. Individual Accident Insurance is also an insurance product on a yearly basis.

Long-Term Life Insurances can be carried out for 2 or more years. Since the policy covers a long period, there is no need to renew it every year or there is no risk to be out of coverage.

Credit Life Insurances are dependent upon the term of the loan received. Yearly Credit Life Insurances are used for the loans taken for one year while for the loans that will last at least for 2 years, Long Term Life Insurances are recommended. Coverages of Credit Life Insurances are arranged parallel to loan payout plan. In case an unexpected and unwanted event occurs, the person and those around him/her are covered against the payout requirement of the loan. This product prevents the loan to become a burden on the person or on those he/she loves by paying the remaining amount of the loan , when an unexpected event occurs. Briefly, it guarantees the payout of the loan despite possible negative improvements.

Protection of rights and benefits of the insured, insurer and beneficiaries, determination of the technical features of the life insurance for the arrangement and inspection of life insurance activities, which active assets can be showed as provisions in which rates, principles and procedures related to interest share, other matters related to the advertisements and announcements are arranged by the Life Insurances Regulations.

Charges on life insurance policies and premium calculations are fixed as a result of actuarial studies and the sole competent authority regarding applicability and sale thereof is the Under-secretariat of Treasury.

Life Insurances;

• Make you go on your life as it is, in case of any disability.
• Bear the quality of financial assets that you can leave to those you love in case of death.
• If you have children continuing their education, ensures the continuation of their education.
• Enables you to pay the big amounts of expenditures for treatments you have to undergo after an accident with low amounts of premium.
• Paid premiums may be subtracted to some degree from your tax base, in accordance with the Tax Laws in effect.

For further information related to life insurances, you can call our Customer Satisfaction Center by dialing 444 11 11.