What is Credit Life Insurance?
Credit Life Insurance is an insurance for those who have taken out personal loans, and insured them, through Yapı Kredi Bank, and protects our customers in the event of their loss of life. Any remaining balance after paying off the credit debt is paid to your family and loved ones.
Why should I buy Credit Life Insurance?
Which credits are covered?
Personal Loans, Mortgages and Car Loans can be insured.
Loss of Life Coverage: The coverage amount is determined depending on the amount of credit you have taken out. In the event of the policyholder's loss of life, his/her credit debt is paid off based on the coverage amount stated on the certificate. Any remaining balance after paying off the credit debt is paid to the beneficiaries of the policyholder.
What You Need to Know
For further information…
You may contact the Yapı Kredi branches to obtain further information on Credit Life Insurance.