DASK Insurance From Intasure

If you own, or are purchasing a holiday home in Turkey and you insure it with Intasure we can also arrange your DASK cover.

DASK (TCIP) is a compulsory earthquake insurance provided by the Turkish Government.

Everyone who buys a house in Turkey needs to have DASK which covers a percentage of damages in the event of an earthquake.

About TCIP (Turkish Catastorphe Insurance Pool)

Compulsory Earthquake Insurance is a new insurance system which was created to ensure the compensation of the material damages on dwellings caused by earthquakes. Following a comprehensive research, the system was created with the cooperation of the World Bank, Turkish Government and the insurance sector and its fundamental purposes are as follows:

• In order to give insurance protection against the earthquake for all the residences, subject to compulsory earthquake insurance, in return for a afordable premium.
• To provide risk sharing mechanism within the country, at the same time transferring financial burden caused by the earthquake damages to the international reinsurance and capital markets through insurance system.
• Reducing the state's financial burden caused by the Earthquakes.
• To use the insurance system as an instrument in increasing the quality of construction of houses.
• Ensuring long term fund accumulation for compensation of earthquake damages.
• To contribute to the development of insurance awarness in the society.

With the application of the Compulsory Earthquake Insurance, without relying to the budgetary means of the government, a concrete protection is provided by immediately compensating the material losses in residences. At the same time, by way of public relation activities and affordable cost of insurance increased public awarnes on earthquake insurance. Until sufficient internal sources are accumulated, a significant portion of the risk is transferred to the international markets thgrough reinsurance schemes. Because the financial burden incurred on national budget as a result of Earthquakes is reduced, potential additional taxes are prevented.

In order for us to arrange the DASK on your behalf we require the following:

• A Copy of the Tapu (title deeds)
• Passport numbers of all persons named on Tapu
• The Square meterage of the property and land
• The address of the property
• Please contact us for more details