Mandatory Earthquake Insurance
Stay on safe ground against earthquakes!
With Mandatory Earthquake Insurance , financial damages to the insured building (including the staircase, elevator, roof and chimney) and its foundation, caused by fire, explosion and landslide that may occur during or as a result of an earthquake are covered by the Turkish Catastrophe Insurance Pool (TCIP) within the insured amount.
Features and Advantages
- Mandatory Earthquake Insurance applies to the following buildings:
- The dwellings constructed on real property, which is registered with the Land Registry Office and subject to private ownership,
- Independent units which are situated within these buildings and used as workplaces, offices or for similar purposes,
- The dwellings either constructed by the State due to natural disasters or built with the credit provided by the government,
- Independent units within the scope of ownership defined under Apartment Law No. 634.
* Mandatory Earthquake Insurance, offered by HSBC Bank A. Ş. as an agency of Aviva Insurance Company, is made in the name and account of the Turkish Catastrophe Insurance Pool (TCIP).