İşbank presents a special insurance with the cooperation of Anadolu Hayat Emeklilik for its customers taking out loan: Loan Payment Protection Insurance
Loan debt of customers of İşbank, taking out loan is under guarantee in case of unemployment…
Full amount of loan in case of death, total and permanent disability is under guarantee and payment of maximum 6-month loan installment within its maturity date in case of unemployment is under guarantee of customers who take out cash loan, housing or vehicle loan from İşbank branches thanks to Loan Payment Protection Insurance.
Unemployment status is determined according to the employment status of the day on which the risk occurs:
Unemployment compensation is paid:
Within the scope of the implementation ;
- In case of unemployment of wage workers
- In case of temporary disability for self-employed persons and civil servants
- In case of hospitalization of retired employee customers
- Housing loan total amount of which is up to 250,000 TL on condition that their monthly installments are below 4,500 TL
- Cash and vehicle loans total amount of which is up to 64,800 TL on condition that their monthly installments are below 2,250 TL
are taken under guarantee up to six months.
To utilize from unemployment coverage:
- Passing of 90 days following the effective date of the policy
- Unemployment or temporary disability last for 30 days incessantly and hospitalization lasts for 7 days as of the date of the risk
- Working with employment relation for at least 6 months before the date of risk realization are required.
Application for Loan Payment Protection Insurance can be made via all İşbank Branches.