PERSONAL INSURANCES

Providing comprehensive benefits to employees in an increasingly globalized modern world will distinguish you from other companies as an employer where you can, on the other hand, develop and increase the loyalty of employees. AB Broker renders services tailored to its policy holders by analysing the use attitudes of the group that it provides a range of services with its team of specialists and experts, and also by thoroughly checking risk reports, performing benchmark studies during bidding and purchasing processes, and procuring consulting services for underwriting (risk analysis) applications before and during the policy period, and by always embracing the customer satisfaction and security as priority.

We can provide a further range of tailored services as follows:

o     ? 24/7 accessibility 

o     ? Personnel Training Sessions

o     ? Routine Notifications on Policy Contents as well as on Health Issues

o     ? Notices by Brochures and Signboards

o     ? Quarterly indemnity reports submitted on a regular basis

o     Guidance for policy holders on indemnity processes

With Group Annual Life Insurance offered as one of flexible employee benefits; AB Broker delivers services with its staff of experts for the process of insurance limits/covered perils determined by human resources strategies of corporation as well as for the policy quotation and issuance and possible indemnification processes.

The Individual Pension System is a private pension system that enables individuals to save funds during their employment so that they can have a comfortable life at retirement, and provides an extra income in addition to a pension benefit as supplemental to the Social Security System.

So individuals are entitled to a second pension income, which maintains the standard of living during the retirement period as in the active period of the working life.

The Individual Pension System offers a wide range of advantageous options for personal savings that the insured can utilize during the retirement period as well.

Savings of the Insured are utilized for funds that the Insured prefers in line with risk preferences and schemes selected by the Insured. Funds are managed by experts.

Group Personal Accident Insurance protects company employees against risks arising from accidents or mishaps. It is a form of insurance that provides indemnity to beneficiaries or legal heirs in line with the predetermined limits if the insured or any relative of the insured dies or has a permanent disability in consequence of an accident.

Group Policy Conditions:

• The age limit for insurance is 16-70 years of age.
• No death coverage is provided, but only accidental permanent disablement coverage is granted for persons who are under 18 years of age.
• A group insurance policy can cover at least 10 employees.
• The insurance period is 1 year.
• The insurance period is optionally renewable every year.

Additional Elements of Cover: Additional elements of cover can be provided in addition to the accident death cover when requested.

• Accidental Permanent Disablement
• Treatment Expenses Resulting from Accidents            
• Loss of Weekly Income Resulting from Accidents
• Critical Diseases
• Earthquake
• Assistance Services

Tax Advantage

Premiums paid under this insurance can be deducted from taxable bases for the benefit of Employers. Individual insurance premiums of wageworkers and spouses and infants of wageworkers can be deducted from tax bases not exceeding 15% of gross wages earned during the relevant month and annual amount of annually paid minimum wages. For more information, you can visit the website of the Revenue Administration Department of the Ministry of Finance at www.gib.gov.tr.

While persons are currently working at a workplace, they may be out of work, at no fault or intention of their own, even though they do not have any adverse health conditions and job incapacities. Unemployment insurance is a type of insurance that pays a certain amount of the loss of income, subject to a predetermined period of time, for the purpose of eliminating any pecuniary damages of policy holders covered under this insurance.

Travel Health insurance is a form of insurance that can provide protection for possible risks encountered during domestic and overseas travels.