You are not alone against the contingencies. The life insurance which aims to protect you and your loved ones in terms of the probable difficulties will always stand by you for an assured life.
The sad state of affairs such as death, disability, hazardous diseases and unemployment are also existent in life. The important issue herein is our attitude and preparedness against these situations. The life insurance ensures the execution of a payment to the beneficiaries which are stated by you or your legal heirs at the coverage amount specified in the policy in the case where you experience such situations in your policy period.
Why Should I Take Out the Life Insurance?
The life insurance ensures that you will maintain your living standards in the same manner in case of any disability.
In case of death, your loved ones can maintain their living standards by means of the amount to be paid to them. If you have any children who continue their educations, the life insurance ensures that their educations will not be left half finished.
In consequence of an accident within the scope of the policy, your high cost treatment expenses can be paid with low amount of premiums.
In the case where catch a disease at an unexpected time, the life insurance provides you financial support.
You can deduct your paid premiums from your income tax assessment with the tax advantage up to 15%.
*The legal limit cannot exceed 15% of the monthly gross wage and the annual minimum wage amount. In terms of the taxpayers who submit tax returns, the legal limit cannot exceed 15% of the declared income and the annual minimum wage amount.
By virtue of the policies of AgeSA Life Insurance Specific for You, you will be able to benefit from free services and discount opportunities in the areas of health and education.
ISSUES WHICH DISTURB MY MIND
Can my spouse and children be included to the system?
Your spouse and your children under the age of 18 can join the Personal Pension Plan benefiting from the same conditions.
If the employee gets divorced, can the spouses continue to benefit from the same conditions?
If the employee is divorced, their spouse can maintain their contract under the same conditions. The benefits applicable at the beginning of the contract shall remain valid until the individual terminates the contracts.
Can I suspend the Private Pension Plan at any time?
Yes, you have the opportunity to suspend it any time you want.
If the pension company goes bankrupt or transferred to another company, shall I lose my savings?
Your savings are kept independent of the pension company at Settlement And Custody Bank in the accounts on your own name. Therefore, your savings are secured under all circumstances.
Do I have to continue with the contribution rate I have started with?
You can change the amount of your contribution any time you want not to be any less than minimum contribution amount of the plan.
After leaving the company, can I continue to pay premium?
After leaving the company, you can continue paying premium under the same conditions.
How can I follow up my savings?
You have the opportunity to follow up your savings in 24 hours of each day by using your personal internet password. Furthermore, you can obtain information from Corporate Service Center on the phone number 0216 633 31 11 any time you want.
Can I make a lump sum payment?
Yes, you can may lump sum payment at any time. Such lump sum payments shall be subject to State Contribution. Moreover, such payments are not subject to any additional deduction.
How should I notify the changes in my personal data?
For changes in personal data, you can use our private internet branch or AgeSA Corporate Service Center.
Is there any difference between pension investment funds and the other investment funds?
Yes, there is. The earnings of pension investment funds are exempt from income tax and corporate tax.
Is there any tax deduction applied if I retire from or leave the system?
When you become entitled to pension from the system or leave the system, income tax deduction shall be applied on the basis of the return obtained from the system as specified in the table.
Can I transfer group pension contract I have made with another pension company?
Provided that minimum of 2 years have passed since the effective date, you can transfer your group pension contract to another pension company or if you want to transfer back your contract drawn by means of transfer from another company, it would be sufficient to have completed 1 year.
Do I have to make contributions until the age of 56 to be able to receive salary or lump sum amount?
Pension entitlement is gained with retirement. In other words, having stayed in the system for 10 years and waiting to turn 56, you shall be entitled to pension. You can get lump sum payment by leaving the system anytime you want.
What should I to benefit from state contribution?
Any Turkish citizen private pension contributors, regardless of being a tax payer or not shall be able to benefit from state contribution. You are not required to make a separate declaration.
Shall I be able to see State Subsidy monthly on the account?
State Subsidy shall be tracked on a separate account connected to the private pension contract the employees are making payment on voluntary basis, and shall be utilized in the pension investment funds to be specified by the Undersecretariat of Treasury.
In the plans contributed by the company, is it possible to get state contribution?
State Subsidy is for individual contributors. Apart from the employer contribution, if someone else is paying for the participant, State Subsidy shall be paid to the account of the participant. For the contracts with corporate contribution the individual shall not get state contribution.
What is the practice related to entitlement periods for state contributions?
In the entitlement for state contribution, a graded structure shall be applied.
As of January 1st, 2013;
What are the coverages of Life Insurance?
The life insurance coverages are the main coverage and death coverage. In the case where the insured deceases, the coverage at the amount specified in his/her insurance policy shall be paid to the beneficiary or the legal heirs of the insured.
In the AgeSA Life Insurances, the below stated product options which comprise the below stated additional coverages are available in addition to the death coverage.
We prepared a comprehensive file Life Insurance General Conditions in order for you to examine the scope and obligations of the life insurance. You may click immediately in order to display this file.
How Can the Indemnity Claim be Submitted?
Please click in order to display the requested documents:
|Please click in order to display the documents which are requested in order for you to benefit from the life insurance coverage in case of death.||Please click in order to display the documents which are requested in order for you to benefit from the life insurance coverage in case of disability.||Please click in order to display the documents which are requested in order for you to benefit from the Critical Health Risks and Hazardous Diseases coverage.|