Credit Card Life Insurance

Your payments are covered with the Credit Card Life Insurance
.

In case you lose your life or become disabled due to an accident, don't worry about how your credit card payments will be made. By taking out a Credit Card Life Insurance, you can secure yourself and your loved ones for 1 year.

For detailed information, you can call 444 0 333 Alo Garanti or visit the nearest Garanti branch.

* The Insurance period is 1 year and the policy is extended at the end of this period, while Garanti Pension and Life reserves the right to reassess the insurance policy.

  • Features and Coverages

    With the Credit Card Life Insurance, you can take advantage of the features that will secure your family:

    • The coverage amount is TL 8.000.
    • The annual premium amount is 81 TL.
    • Premium payments can be made in lump-sum or in up to 9 installments.
    • The Insurance period is 1 year and the policy is extended at the end of this period, while Garanti Pension and Life reserves the right to reassess the insurance policy.

    Coverages

    Loss of life due to any cause and permanent disability due to accident.

    Tax Advantage

    Whether you are a salaried employee or self-employed, in accordance with the Income Tax Lax No:193, articles 63 and 89, you are entitled a tax advantage in the premium payments you will make for yourself your spouse and young children. The premium payments are tax deductible under the following conditions:

    • For salaried employees; provided it does not exceed 15% of the income earned in the month of the payment and annually does not exceed the annual minimum wage.
    • For taxpayers who are subject to income tax based on declaration; provided the amount does not exceed 15% of the declared income, and annually does not exceed the annual minimum wage.

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