Participation Fees
Revenues of the Account consist of participation fees paid by insurance companies as 1% of total premiums collected for compulsory insurances specified in the first paragraph, and the participation fees to be collected as 2% of net premiums from policyholders.
Subrogation Revenues
Due to the payments made by Assurance Account has the right to recourse to the written below:
Investment Income
The assets of The Account shall be deposited in Turkish Lira denominated accounts or government domestic debt securities in the banks to be determined by the Management Committee as specified in the General Communiqué on Public Treasurer dated 6/10/2004 and numbered 25605.
Unclaimed Funds by Beneficiaries
The revenues and expenses of the Account are audited by The Insurance and Private Pension Regulation and Supervision Agency.
Güvence Hesabı compensates personal injuries of third parties within the coverage limits in types of compulsory liability insurance determined by law.
Esentepe Mahallesi Ali Kaya Sokak Polat Plaza B-Blok No:1b Kat:15 34394 Şişli/İSTANBUL
bilgi@gh.org.tr
+90 212 324 45 00