How much does life insurance pay and what does it cover?

Life insurance is generally valid for 1 year, but may vary by product. Premium amounts in life insurance; varies by warranty, age and gender. The amount that life insurance pays depends on the amount of coverage.

HOW MUCH DOES LIFE INSURANCE PAY?

The “insured” to the person on whose life the insurance contract is made, the “insurer” to the person who insures the interest of the insured before the insurer through the payment of premiums, and the “beneficiary” to the person who is not party to the insurance contract, but who has the right to claim insurance compensation from the insurer if the risk materializes. In life insurance, the payment is made to the beneficiaries for the amount of the guarantee.

WHAT IS LIFE INSURANCE, WHAT ARE THE TYPES?

Cumulative Life Insurance

Cumulative life insurance protects you and your loved ones in the event of any life-threatening danger.

Annual Life Insurance

It only provides coverage for death and in the event of your death within one year, the amount of coverage specified in the policy is paid to the people you have previously determined (beneficiaries).

long term life insurance

This insurance insures you against accidents and risks that may occur to you in the long term.

Education Insurance

Education insurance, for its part, covers the educational continuity of your child or children in the event of an accident or death of the insured.

group life insurance

In case of death, accidental death and permanent disability, the insured or their relatives are compensated.

Disability insurance

In the event of the accident provided for in the insurance policy, the permanent disability of the person ensures that they receive compensation on the cost of the insurance.

Personal Accident Insurance

The insured who takes out personal accident insurance covers situations related to health, death and accident situations, insuring himself against unforeseen and sudden accident situations. In such cases, compensation is paid to the insured at the rates specified in the policy.

health insurance

The insured person who contracts health insurance will have self-confidence against all the risks of illness that he has faced throughout his life. The health insurance, which is valid in the health institutions agreed upon by the insurance company and under the specified conditions, covers the costs of the insured’s treatment, whether outpatient or hospital.

Special Situation Insurance

Special circumstances insurance is issued for special cases that are not covered by any of the insurances listed above. It has a high premium payment against risks of illnesses and accidents that are not included in the insurance policies.