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Sep 06, 2012
by in Traffic insurance

Compulsory Traffic Insurance Penalty

If you are planning to travel with your car for the holiday, Be sure to check the validity period of your compulsory traffic insurance, if you have one., otherwise get it done. Otherwise, you may have to hitchhike or look for a bus on intercity roads.. September 2011 still in traffic as of 440 thousand cars, 243 bin pickup truck, 100 mini bus/minibus, 1,5 Approximately million of which are motorcycles 3,5 million motor vehicles are compulsory […]

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Notary Insurance Value List 07, 2012
by in Insurance Terms

TERMINATION OF INSURANCE (EXPIRY DATE TERMINATION)

It is the situation when the insurance contract is no longer valid for both parties and third parties.. Termination of the contract may occur in various situations.; Upon reaching the expiration date written in this policy, Due to termination arising from one of these parties not fulfilling certain conditions stipulated in the contract., This is at the insured's own will., This insurer, Unilateral termination of the contract due to aggravation of the risk, This means that in some branches the risk […]

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Notary Insurance Value List 07, 2012
by in Insurance Terms

EXCESS OF DAMAGES REINSURANCE (EXCESS OF LOSS)

It is a type of reinsurance agreement and the reinsurer, in return for a certain part of the premium earned by the insurer from the works written by the insurer., of the damages caused by the works, a predetermined amount (net custody of the ceding company) undertakes to meet the last part. The biggest difference of Excess of Loss Reinsurance Agreements from Proportional Reinsurance Agreements, it's just an agreement on damage. Single […]

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Notary Insurance Value List 07, 2012
by in Insurance Terms

INCOMPLETE INSURANCE (UNDER INSURANCE)

The insurance amount stated in the policy, It is the situation where the property subject to insurance is below its real and reasonable value.. Insured, unknowingly or in order to pay less premium, makes a declaration below the real value of the goods.. Insured in case of underinsurance, of insurance, “Complete elimination of financial losses incurred” does not benefit sufficiently from the principle. For example, in complete loss, The most the insurance company will pay, in the policy […]

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Notary Insurance Value List 07, 2012
by in Vehicle insurance

Insurance Prices

Turkish Insurance and Reinsurance Association is a professional organization to which insurance and reinsurance companies operating in Turkey are members.. The organization, which ensures the unity and solidarity of insurance companies, publishes insurance prices as a list of insurance values ​​on its website in order to help people who will insure their vehicles.. Depending on the condition of the vehicle to be insured, insurance may be provided below or above these prices.. car insurance prices […]

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