One of these days you may wake to find that you have been unemployed...
Subscribe to Credit Card Payment Insurance and feel secure knowing that your credit card debt will not be a burden if you lose your job.
Involuntary Unemployment Coverage
The Involuntary Unemployment Coverage covers the risk of failure to pay the credit card debts suffered by the policyholder, who loses his/her job involuntarily, as a result of no fault of their own, during his/her employment as a permanent staff member.
In order to benefit from Involuntary Unemployment Coverage, the policyholder must have worked for the same workplace for at least 180 days and be entitled to unemployment benefits under the unemployment insurance of Turkish Employment Agency (İŞKUR).
Temporary Incapacity to Work Coverage
Temporary Incapacity to Work Coverage covers the policyholder in the event of temporary incapacity to work due to incidents as defined in the policy.
Daily Hospitalization Coverage
This covers unemployed individuals’ (such as students, housewives) expenses for inpatient treatment of longer than seven days as a result of an accident or illness.
The coverage of loss of income is for multiple situations. Coverage is determined on the basis of your employment status at the time of incident.
Loss of Life and Total Disability Coverage
Loss of Life Coverage
In the event of loss of life within the policy period, the total outstanding debt as per the most recent account statement issued before the loss will be transferred to the credit card account. The amount remaining after the payment of any debt will be paid to the beneficiaries.
Total Disability Coverage
In the event of total and permenant disability of the policyholder during the insurance period, the total outstanding debt as per the most recent account statement issued before the loss will be transferred to the credit card account. The amount remaining after the payment of any debt will be paid to the beneficiaries.
You may apply for Credit Card Payment Insurance by either of the following means: