Page 8 - TurkinsuranceDigitalMagazine

6 at a glance

A new product from Anadolu Sigorta for a sustainable and eco-friendly world

Within the scope of their Sigorta, underlined that renewable and eco-friendly energy
sustainability projects, An- sources have become more popular due to Turkey’s increas-
adolu Sigorta has prepared ing energy demand and traditional high-cost energy sources.
a special insurance policy “Efficient management of renewable energy sources is one of
for rooftop type solar en- the most important factors in order to leave a healthier and
ergy systems which are get- more sustainable world for future generations. Since its foun-
ting more and more every dation, our company has adopted the policy of being respect-
day. Intended to address ful to environment, and leaving a habitable world for future
the requirements for solar generations by supporting economic and social development;
panels that are used indi- and is committed to this target through our ‘Sustainability
vidually, the policy includes Policy’.
special coverage types and
services. The product pro- We keep offering new products that comply with this target.
vides insurance for solar In parallel with the increasing costs, awareness for sustain-
panels that produce elec- ability has increased; which reflects in an increased interest
trical energy against risks towards rooftop type solar panels among individual users. In
falling under the scope of this respect, we have launched the “Individual Rooftop Type
electronic tools, and is now Solar Panel Insurance”. Our product offers coverage for in-
offered through all sales dividual rooftop type solar panels that were built on the roof-
channels of the company. tops of houses to supply electricity and produce 10 kw or low-
er electrical energy through solar power against many risks
Levent Sönmez, Deputy Chief Executive Officer at Anadolu such as electronic equipments and earthquakes,” he said.

Parents invest in BES for the future of their children

Parents care about investing for the future of their children, statistics of Turkish Sta-
particularly for their education. In this respect, BES (Indi- tistical Institute (TUİK).
vidual Pension System) stands out with its long-term ben- “Allowing children young-
efits; and Insurance Association of Turkey reminds the im- er than 18 to join BES is
portance of saving in BES to make sure that children can be important for instilling the
confident about their future. habit of savings at early
ages and expanding the
Atilla Benli, President of the Insurance Association of Tur- voluntary pension system.
key, stated that parents choose one of the different savings We believe the legislative
methods for lifelong needs of their children, particularly for amendment that will allow
their education. children and younger pop-
ulation to join the system
“If parents join the voluntary pension system, they can pre- will bring a breath of fresh
serve their living standards in older ages, meet the require- air to BES, which makes
ments of their children, and become a role model for them a positive contribution to
in gaining the habit of saving. Therefore, children who grow our national level of sav-
up in an environment where saving is regarded as important ings, and prompt a huge
are inevitably introduced to financial literacy at early ages. amount of potential par-
By joining the system for themselves, parent can also invest ticipants to join the system. Once this amendment is effec-
for their children who are their beneficiaries. Families who tive, higher number of parents will choose BES to secure the
choose pension funds which perform better than other invest- future of their children,” he added.
ment tools can reap the long-term benefits of BES. We here-
by invite all parents who wish to be confident about their Fund size approaches 145 billion TL
future to join the voluntary pension system for themselves and
for their children, and start investing today,” he said. Growth in the number of BES participants since August 2019
had slowed down in April 2020 due to the impacts of the pan-
According to the latest legislation, individuals younger than demic; but started increasing again at the end of June 2020.
18 can join BES with the citizenship number of their parents. According to the statistics announced by Pension Monitoring
However, this part of the legislation needs to be amended if Center on 7 August 2020, number of participants exceeded
we want to make sure that the habit of saving can start at 6.85 million, and fund size including the state subsidy funds
earlier ages. Benli reminded that nearly 23 million of Turk- has approached 145 billion TL.
ish population are children younger than 18 according to the