
By including our personalized Loan Protection Insurance in your loan package, you can protect your installment payments against potential risks through comprehensive coverage, while also enjoying a wide range of additional services offered within the complimentary assistance package.
Koçfinans Loan Protection Insurance products are provided by BNP Paribas Cardif Hayat Sigorta A.Ş.
- Individuals who obtain a loan from Koçfinans
- Legal entities with a guarantor who obtain a loan from Koçfinans
- Individuals between the ages of 18 and 70 at the start of the loan
- Individuals without ongoing medical treatments, chronic illnesses or disabilities
Offered to all Credit Protection Insurance holders, this coverage pays the outstanding loan balance in the event of the insured’s death, within the scope of policy terms and limits.
This coverage settles the remaining loan balance if the insured becomes permanently disabled as a result of an accident or illness, in accordance with policy terms and limits.
Provided to insured individuals who are salaried employees, this coverage becomes active if the insured loses their job involuntarily—without intent or fault—and pays the loan installment within policy limits.
Available to self-employed individuals and public sector employees, this coverage is activated when the insured becomes temporarily unable to work due to an accident or illness. The loan installment is paid within policy limits.
Designed for insured individuals who are not engaged in professional or paid employment (such as homemakers or retirees), this coverage is activated when hospitalization is required due to an accident or illness during the policy period, and pays the loan installment within policy limits.
| Coverage Type | Eligible Beneficiaries | Maximum Coverage Amount | Waiting Period | Qualification Period |
|---|---|---|---|---|
| Involuntary Unemployment | Salaried Employees | 50.000 TL | 90 days | 30 days |
| Temporary Incapacity to Work | Self-Employed Individuals and Public Employees | 50.000 TL | 90 days | 30 days |
| Daily Hospitalization | Homemakers, Retirees | 50.000 TL | 90 days | 3 days |
| Loss of Life | All Insured | 10.000.000 TL | - | - |
| Permanent Disability | All Insured | 10.000.000 TL | - | - |