Death coverage in result of an accident
The annual education amount determind, is paid to the student or his/her parent/guardian(s) if insured dies as a result of an accident.
Full Or Permanent Disability Coverage Resulted by An Accident
Coverage (determind for the beneficiary student) is paid to an insured parent in the event of parent’s full or permanent disability caused by an accident.
If the insured person is unable to fullfill his/her due obligation, coverage amount is directly paid to the student or guardian(s).
Long Term Hospitalization
If there is a loss of income resulted by an accident, dangerous illness or long term hospitalization annual education coverage determind in the policy would be paid to the parent.
If the insured person is unable to fullfill his/her due obligation, payment is directly made to the student or guardian(s).
The annual education amount determind in the policy will be paid to the insured payroller if he/she loses their job without his/her own will or due to his/her flaws.
Persons who can benefit from the unintentional unemployment guarantee must have worked continuously for 12 months at the same workplace.
The annual education amount determind in the policy will be paid to the insured parent even if, parent is a company owner or partner and bankrupt in accordance with the ‘Chapter 5, Bankruptcy Law’.
Education Insurance can be done for 1 year or a maximum of 10 years.
In the long term education insurance policy, coverage amount decreases each year with regards to the total duration and the coverage limit of the package.