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In the event of a traffic accident, it is the report filled out by the drivers of the vehicles involved in the accident.

Actuarial, which can simply be expressed as the science of risk assessment or risk calculation, is the department that evaluates the risks that may occur in various sectors and the field of insurance with mathematical and statistical applications.

In the private pension system plan, it is an additional share paid optionally in addition to the amount paid periodically.

It is the difference fee paid by the customer for the extension and renewal of the expired policy.

These are special codes given by insurance companies to producers and agencies.

They are businesses that have made agreements and contracts with insurance companies to repair any damages that may occur in the insured's vehicles.

Similar to contracted service, these are repair shops with which the insurance company makes an agreement to minimize costs during and after the accident.

Arbitration, which is legally defined as the resolution of disputes between the parties, is used in the insurance industry to resolve disputes arising from the insurance contract between the insured and the insurance company.

According to TDK, it refers to the report reflecting the result of the damage assessment and analysis made to determine the value of the asset used for housing and automotive in the field of insurance, which is defined as the examination carried out by an expert.

Assistant service is a type of coverage in the insurance industry that offers additional rights in addition to the insurance the insured receives. For example, the service of providing accommodation and transfer for people in the vehicle at the time of the accident is an assistance service within the scope of automobile insurance.

It is an employer-based retirement system that allows individuals under the age of 45 to automatically participate in BES (Individual Pension Insurance) when they start a new job.

Composed of the initials of the words Private Pension Fund Buying and Selling, it is the name of the platform that enables the comparison of funds of different insurance companies.

The person who has insurance is the person who is covered by the insurance. For example, in personal accident insurance, people designated as beneficiaries in the policy can receive payment after the death of the insured.

Cancellation is the name given to policy cancellation in the insurance industry. If an insured wants to cancel his policy, he must make a policy cancellation addendum. Cancellation varies depending on each branch. For example, an insured who wants to cancel his/her car insurance has the right to cancel if the insurance company cannot fulfill its duties. In cases of insurance cancellation, the insured usually does not receive the full amount paid. Premium refund is calculated and paid according to the number of policy days.

Damage, which can be expressed as loss, means the damage suffered by the assets insured by the insurance company. For example, if the vehicle of the insurance policy holder has an accident, it may be considered as damage.

These are additional clauses expressing special conditions in Insurance Policies.

It is a policy that came into force in 2000 and, due to the high earthquake risk, provides compulsory coverage for damage that may occur due to possible earthquakes and other earthquake-related reasons.

DASK, which is the abbreviation of Natural Disaster Insurance Institution, is a type of compulsory insurance that aims to cover the material damages that an earthquake may cause in a building.

These are compulsory types of insurance legalized by the state because the risks include loss of life and property to third parties.

Compulsory Traffic Insurance is a type of insurance that is required by the state to be provided to all motor vehicle owners and secures the insured against damages to other vehicles or third parties as a result of an accident.

In private pension and life insurance, it is the suspension of a person's contribution or premium payment.

Scope, in its simplest form, is the risk covered or the amount of liability for this risk. For example, situations covered by health insurance are covered, but situations that are not covered are out of scope.

The word white, meaning reporting, is the term used in the insurance field to report certain activities of the insured to the insurance company. For example, when someone with a car insurance policy reports the damage to the insurance company after the accident, it is a damage declaration.

Not being covered means not being subject to liability. In the insurance industry, it can be thought of as risk sharing between the insurer and the insured.

Education insurance is a life insurance that can be purchased by all individuals between the ages of 18 and 60 who are responsible for a student's education.

It is a type of insurance that secures electronic devices in cases such as malfunction, breakage and theft of electronic devices.

This is the document that must be prepared in case of policy change.

It refers to insurance companies making payments to their customers for matters that are not certain whether they are covered by their policies or not.

This product, also known as comprehensive or extended insurance, is the name given to policies created with additional coverage in addition to the standard insurance product.

This term, expressed as malpractice, is the name of a type of insurance in the field of insurance. With abuse of security insurance, the insurance company covers the damage in cases where an employee embezzles an asset that can be measured in money.

They can be considered as situations that cannot be prevented. For example; Situations such as death, bankruptcy and illness are force majeure. In insurance policies, force majeure may be underlined and situations where the insured cannot make payment may be called force majeure.

The BES participant can change the fund distribution 12 times during the year to earn returns through alternative investment instruments. For economic reasons, the participant may want to exit his/her current fund and/or switch to another fund. This situation is called fund distribution.

T.R. These are the conditions prepared for insurance products by the Prime Ministry Undersecretariat of Treasury. For example, in a health insurance, if the undersecretariat has set a "geographical area requirement (country borders)", the insurance company cannot go beyond this condition and claim that the health insurance is covered in different countries and cannot provide such coverage.

It is a guarantee that covers the dangers that may occur in cases such as breakage and damage of glass surfaces. They can be found in products such as home, workplace and automobile insurance.

When logging into the private pension system, the state provides support up to 20% of the monthly contribution paid by the individual. For example, for a monthly contribution of 100 TL, the state pays 20 TL, and for a monthly contribution of 200 TL, the state pays 40 TL.

Green Card is a card that commits the policy holder to cover certain and limited risks and damages in case of risks such as traffic accidents within the borders of 47 contracted countries.

It is the name given to the person who has the right to use the person's property and immovable property in case of death.

It is a type of insurance that covers the risks of damage to a property or real estate, both itself and the items inside.

These are health institutions with which an insurance company makes a contract and aims to provide benefits for its insured.

It is the price incurred in response to a problem that occurs against the law or formality.

It is the payment made at the first entry into the Private Pension System. There is no obligation, the person can also participate in the BES plan with additional or regular payments.

It is a type of coverage available in private health insurance or complementary health insurance, covering surgery, intensive care, minor operations, physical therapy and rehabilitation, and home care services that may require hospitalization.

Insurance is a financial tool that financially secures unexpected problems that may occur in the future.

They are legal or real persons who can act on behalf of insurance companies. Insurance agents can perform activities such as sales, marketing and policy production of the products of the company they mediate.

They are often thought of as major agencies, but they differ in purpose. While the agent's goal is to sell the insurance company's product, the broker's goal is to find the most suitable insurance choice for the insured. In short, they can be defined as an impartial organization that is on the side of the insured. However, today, both businesses act for the same purpose on the part of the insured.

In the insurance industry, it is the insurance company's act of providing assurance, in accordance with the insurance contract. The insurance company promises the insured that in the event of a damage or risk, it will compensate the insured for the damage or risk within the terms of the policy.

In addition to the compulsory insurances within the Turkish Insurance and Reinsurance Companies pursuant to Article 14 of the Insurance Law No. 5684 dated June 14, 2007, it is an assurance that allows the insured to receive disability compensation despite being disabled in the event of an accident or to pay compensation to people who are deprived of the support of the insured after his death.

They are independent officials who determine the damage cost as a result of the risks that occur.

A policy is a written contract that regulates in detail the mutual rights and responsibilities of insurance companies and their customers.

It is the person who is insured according to the policies subject to insurance contracts.

The concepts of risk and risk can sometimes be used interchangeably. However, risk can be described as the probability of loss or damage occurring, and risk can be described as the probability of loss or damage occurring.

It is a type of insurance that provides financial security to the insured and his family against risks that can be covered in life and occur unexpectedly. It is done to protect the person and his family in case of death or disability.

If any of the general and standard conditions for automobile insurance are excluded, the resulting policy type is referred to as narrow insurance.

Workers who go on strike are suspended from their duties by the employer.

It is a type of life insurance that only covers death and accidental disability.

This term, also known as total damage, refers to the insured goods becoming completely unusable and unrepairable.

Defined as an expert or expert, he is the person who analyzes and determines the damage status of assets in the insurance industry.

It can be defined as the self-guaranteeing of the creditor party. For example, if a bank has received creditor guarantee with a permanent mortgage, the bank may have priority rights when a person converts a property into cash.

This term, mostly used in health insurance, defines the ratio of the expenses spent on the policy to the premium paid during the year.

It is the name given to the market price of the goods to be bought or sold. It is used to determine the instantaneous value of a property or real estate.

Vehicles; It is a special service contract where problematic parts such as bodywork, paint, interior trim, plastic bumpers and glass are repaired within certain sizes and limits, where the insured does not pay a fee and does not affect the no-claim discount of the policy.

It is a type of insurance that insures vehicles against risks such as vehicle accidents, fires, crashes and theft. The scope of the insurance type may vary, but in general; If a damage or accident occurs beyond the will of the insured, the insured is entitled to receive compensation.

These are health institutions that do not have an agreement with the insurance company. If there is non-contracted institution coverage in the health policy, it can be used in health institutions and billed to the insurance company.

Treatment that can last a maximum of 24 hours is called outpatient insurance.

It means not being committed to the outcome and staying in the middle. In the field of insurance, situations where it is not clear whether the damage is likely to be paid or not can be referred to as an ambiguous situation.

It is the situation where the insurance amount exceeds the insurance value. For example, a transportation insurance with 200,000 TL coverage during the transportation of a product worth 100,000 TL is an example of excess insurance.

It is the damage that can be repaired to a real estate, goods, commercial goods or vehicle that has material value and is therefore insured.

Participant, which we mostly encounter in private pension and life insurance; It is the name given to the insured.

Also known as a pension fund or private pension investment fund, it is an investment instrument purchased by the insured to operate the contributions paid in BES plans.

When choosing BES, there are different types of products of the pension company. For example, products such as BES for under 18s and Comfortable Retirement Plan are different retirement plans.

It is a type of insurance against unexpected situations such as injury and death. For example, as a result of injury or death in an unexpected accident, the person or his or her heirs are paid in amounts determined by the insurance company.

They are the people who have signed the Insurance Contract and paid the premiums. For example, a parent who provides BES for children under the age of 18 is the person who insures their child. However, the insured is the child benefiting from BES.

It means validity. In the insurance industry, the process of an individual applying for insurance and producing a policy can be called "merit".

It is the fee paid by the insured in return for the coverage offered by the insurance company.

Private health insurance; It is a type of insurance that guarantees the health services you can benefit from by agreement and covers the cost of services that require diagnosis and treatment for problems that may arise as a result of an unexpected illness or accident.

BES, which is also seen as an investment tool, is a private retirement system that was implemented in our country in 2003. The participant pays contributions regularly or periodically and is included in the income of his social security as an additional income during retirement. While paying the contributions, the person can maintain his contribution or make a profit by entering the funds of the insurance companies and obtaining real returns.

In the simplest terms, it is the insurance of insurance. It is when an insurance company re-insures a branch it has insured with another insurance partnership in order to secure it.

It is the name given to the process carried out by individuals to renew their policies after the insurance contract date (usually 1 year) has expired.

The risk known as damage is the possibility of the insured products being endangered in the insurance industry.

It is a method of reducing costs by selling the damaged goods by the insurance company and turning them into income. For example, the process of selling the vehicle after it is decided that the vehicle is destroyed as a result of the expert report.

Accumulated life insurance, which seems to be an alternative to BES, is a type of insurance that provides protection against unexpected risks (for example, daily compensation due to an accident, care and treatment expenses) and allows you to earn returns from the premiums paid.

These are contract clauses that contain detailed special conditions of policies and do not include general scopes.

BES funds are funds that have a less risky strategy. Generally, it aims to benefit from interest income by investing in medium and long-term government domestic debt securities.

It is the renunciation of a person's legal rights. The concept of recourse in insurance is that the insurance company transfers the damage payments that may occur to third parties.

It is a policy that allows people insured under the Social Security Institution to receive examination, analysis and treatment services at private hospitals with SSI agreements without paying any extra fee.

It is the place where securities are bought and sold. However, participants cannot buy or sell on this platform.

It is the general name of the tax calculations made within the scope of the Turkish Tax System on the profits of the services produced or the profits earned by individuals.

In short, it can be described as paying the operating fee of the fund to the insurance company. For example, if the expense deduction is 2% in a fund that provides a 10% return in a year, the participant is left with an 8% return at the end of the day.

It is the expression used for vehicles with moderate and severe damage among motor vehicles.

Tramer is the abbreviation of Traffic Insurance Information Center. It is a system where the insurance information of all vehicles in the country is recorded.

It is a type of insurance that provides coverage against accidents and unexpected health problems during travel.

It is the situation where the insurance amount is below the insurance value. For example, a transportation insurance with 50,000 TL coverage during the transportation of a product worth 100,000 TL would be an example of underinsurance.

It is the process of evaluating, selecting, classifying and pricing risks for insurance.

The waiting period in private and complementary health insurance refers to the research carried out by the insurance company to detect and examine the diseases the insured has had in the past.

What is mostly asked in private pension and life insurance fields, but is available in most insurance products, is the termination or cancellation of the product purchased by the insured.