With the Guarantor Life Insurance, you can financially secure yourself and your loved ones in case of your death or permanent disability due to an accident.
With the Guarantor Life Insurance, in the case that you lose your life or become permanently disabled due to an illness, your debts such as loans, credit cards, overdraft deposit account, checkbooks and letters of guarantee are paid by the insurance for 1 year and the remaining amount, if any, is given to your beneficiaries.
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.
** The Guarantor Life Insurance product is offered by Garanti.
- Features and Coverages
With the Guarantor Life Insurance, you can take advantage of the features that will secure your family:
- The total coverage amount and the coverage amount in case of death and disability due to accident is determined according to your total risk at the bank.
- The maximum coverage amount is TL 2.520.000, USD 1.350.000, EUR 1.080.000
- The premium amount varies according to the coverage amount determined.
- Premium payments can be made in lump-sum or in up to 6 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
Loss of life due to any cause and permanent disability due to accident.
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