Page 25 - Turkinsurance Digital Magazine

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insurance, 10 million Turkish Liras came from non-loan long-
term death insurance, 1.9 billion Turkish Liras came from loan- Total premium amounts within the scope of
based long-term death insurance, 274.5 thousand Turkish Liras debt payment insurance (TL)
came from accumulating policies, 15.2 million Turkish Liras 863.750 118.432.893
came from mixed policies, and 2.4 million Turkish Liras came
from other insurances. 3.209.527

Debt payment insurance generated a premium
production of 2.05 billion Turkish Liras

In 2022, a total premium production of 2.05 billion Turkish Liras
was reached under the scope of debt payment insurance. Among
the coverage of debt payment insurance, credit payment guarantee
accounted for a premium production of 2.4 billion Turkish Liras, 2.410.555.582
while credit card payment guarantee reached a coverage volume Credit Card Payment Guarantee Income Protection
of 118.4 million Turkish Liras. Income guarantee premium pro-
duction increased to 3.2 million Turkish Liras, while the premium Credit Payment Guarantee Other
production of other guarantees was observed to be 863.7 thousand
Turkish Liras.
disability coverage, and 523,000 Turkish Liras for daily hospital
In 2022, a net compensation payment of 6.4 bil- benefits.
lion Turkish Liras was made in life insurance Outstanding claims amounted to 1.9 billion

Turkish Liras
According to TSB data, a total net compensation payment of 6.4
billion Turkish Liras was made in life insurance in 2022. In 2021,
this figure was at the level of 4.2 billion Turkish Liras. In 2022, the When we look at the accrued outstanding claims in 2021, we see
highest range of the total net compensation payment of 6.4 billion that the net outstanding claims reached 1.9 billion Turkish Liras.
Turkish Liras in life insurance was formed by death benefits, with a The net outstanding claims in death benefits amounted to 1.6 bil-
net compensation payment of 2.3 billion Turkish Liras. lion Turkish Liras, while in disability benefits, the net outstanding
claims were seen as 44.3 million Turkish Liras. Other outstanding
Out of the death benefits, 2.3 billion Turkish Liras were paid from claims in 2022 were as follows: 37.6 million Turkish Liras for crit-
natural death coverage, while 51 million Turkish Liras were paid ical illness coverage, 5.4 million Turkish Liras for unemployment
from accidental death coverage. For maturity claims in life insur- coverage, 661.2 thousand Turkish Liras for temporary disability
ance, a compensation payment of 313.8 million Turkish Liras was coverage, and 402.5 thousand Turkish Liras for daily hospital ben-
made, 60.9 million Turkish Liras for unemployment benefits, 78.5 efits coverage.
million Turkish Liras for annuity benefits, and 66.3 million Turk-
ish Liras for disability benefits. Out of the disability benefits, 1.1 The net outstanding claims in medical expenses coverage were
million Turkish Liras were paid for accidental disability, and 40.9 205.3 thousand Turkish Liras, 145.6 million Turkish Liras in ma-
million Turkish Liras were paid for disability resulting from illness turity claims, 766.5 thousand Turkish Liras in annuity benefits,
coverage. A net claims payment of 11.9 million Turkish Liras was 35.5 million Turkish Liras in profit-sharing, 954 thousand Turkish
made for critical illness coverage, 66,457 million Turkish Liras for Liras in termination benefits, and 52 million Turkish Liras in other
termination benefits, 1.1 million Turkish Liras for temporary coverage.

Net compensation amounts paid in life insurance in 2022 (TL)

Medical Expenses Compensation 157.608
Other 16.511.069
Hospital Daily Allowance 442.677
Temporary Disability 994.350
Termination 797.016
Critical Illness 29.619.727
Disability Benefits 66.376.182
Annuity Benefits 78.519.950
Unemployment Benefits 60.979.046
Maturity Benefits 313.843.356
Death Benefits 2.357.296.937
Endowment 3.525.354.353