What is TCIP Insurance

TCIP is the abbreviation of “Natural Catastrophe Insurance Institution”, which became operational as a result of the Marmara earthquake on 17 August 1999. Compulsory earthquake insurance is made with the assurance of DASK.

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What is Compulsory Earthquake Insurance?

DASK insurance ensures that the losses incurred after the earthquake are covered in line with the policy limit.

What are TCIP Insurance Coverages?

Thanks to DASK; Damages and cracks that may occur inside and outside the building as a result of natural disasters that may occur during or after an earthquake are included in the scope of the guarantee.

In this direction, the insured with DASK insurance, cracks in the foundations, fragmentation in the walls separating the house and the rooms, cracks in the landing, fragmentation in the corridors, spillage in the roof and chimneys, damages in the columns, cracks in the walls of the building. insured as a result of an accident.

Which Buildings Are Covered?

It is secured in accordance with the 6305 Catastrophe Insurance Law. Buildings whose construction has been completed as residences in private properties, buildings whose title deed allocations have not been completed yet, independent areas within the Condominium Ownership Law No. 634, buildings that have not yet been allocated on the title deed, work areas used as offices, offices and commercial premises in the buildings are secured by TCIP insurance.