Within the limitations outlined in your policy, Compulsory Earthquake Insurance provides monetary coverage for material damages that are directly brought on by earthquakes, as well as earthquake-related fires, explosions, tsunamis, and landslides.
You can contact VakıfBank Branches for Compulsory Earthquake Insurance (TCIP)
Earthquake insurance is a compulsory type of insurance for all residential buildings. Within the scope of the Catastrophe Law No. 6305, persons who do not have this insurance will lose the right to benefit from housing loans or state aids to be provided after an earthquake.
The TCIP covers material damages to insured buildings up to the amount insured that are directly caused by earthquakes and earthquake-induced fires, explosions, and landslides. This is a mandatory product. It covers only the damages to the building up to the earthquake limit determined by TCIP. Items are not within coverage. The housing policy, on the other hand, provides coverage for buildings and belongings against earthquakes as well as fire, theft, flood, ingress of water, domestic water hazards and other risks specified in the policy.
Your policy is valid for 1 year from the start date.
You need to present a document containing your identity information for your earthquake insurance transactions. Furthermore, the insurance holder must also declare the following information about the house to be insured.