Pure Endowment Assurance is a life insurance policy that provides financial security for you and your loved ones against the unexpected risks of life, while helping you earn a return through investing.
This insurance provides life coverage based on the premiums you have paid at the end of the policy term. At the end of the term, your life benefit is returned along with the investment income indexed to the foreign currency and you can also benefit from tax advantages.
With this life insurance, you not only secure your life but also have the opportunity to receive returns that may exceed the total premiums you pay.
You can visit your nearest Garanti BBVA branch or you can call the Customer Contact Center at 444 0 336.
18 - 70 years old.
10 years.
Monthly,Quarterly, Semi-Annually or Annualy.
Determined according to age and paid premium.
You can exercise your right of withdrawal within 60 days from the start of the policy. In such cases, no deductions will be made If the policy is terminated after the right of withdrawal period, surrender charge rate corresponding to the relevant policy year will be applied to the surrender value.
While your life insurance continues to protect you, you can also benefit from an average tax advantage of 27% on the premiums you pay each month.
For detailed information:
You can review our tax advantage brochure,
Or you can check our website page.
No, the investment income rate is not fixed, as it is determined at the beginning of each calendar year based on the end of the previous calendar year.
The investment income rate is subject to withholding tax under the applicable tax legislation.
After the 5th policy year, you may surrender without any surrender charges rate.
Yes, since this is a risk life Insurance, you can take tax advantage of the entire premiums you pay.
In case of death, the premiums paid premiums until the date of death are refunded.
In Pure Endowment Assurance, premium payments are collected in TL equivalent to US Dollars. The payments to be made to you will also be paid in TL equivalent of USD. The effective sales rate of the Central Bank of the Republic of Turkey as of 15:30 on the business day before the collection/payment date is taken as basis).
