Amount of Payment to be Made by TCIP to Earthquake Victims

We still have a long way to go, many people we will pull out from under the rubble are one of us. beacon of hope waiting. Then, as a whole country, we will start to heal our wounds. Of course, the most important people at this point are our earthquake victims who lost their relatives, houses and belongings in this earthquake.

TCIP (Natural Catastrophe Insurance Institution), said that there have been more than 30 thousand damage reports so far and their payment capacity is 117 billion TL. Of course, in essence, everyone is wondering how many thousand TL of aid they will receive from TCIP.

What is the fee determined by DASK for 2023?

TCIP, which is determined for the year 2023, published at the end of 2022,Compulsory Earthquake InsuranceConstruction for reinforced concrete structures according to the tariff ” will pay 3016 TL per unit square meter. Made for a home The maximum payment amount will be 640 thousand TL. According to this calculation, a payment of 361 thousand 920 TL is required for a house of 120 square meters.

If the square meter is larger and the total cost exceeds 640 thousand TL, no payment will be made for this increase. So every maximum 640 thousand TL will be paid for a residence.

TCIP payments started for those whose houses were destroyed in the Kahramanmaraş earthquake.

General Manager of Turkish Reinsurance & Catastrophe Insurance Pool Selva Erenannounced that more than 30 thousand damage reports have been processed so far. However, after the earthquake Within 24 hours, the first damage payments have been sent. stated.

Eren said that the earthquake funds accumulated as of February 10 At the level of 23 billion TL stated that. According to Eren’s statement, when the reinsurance protection added with the insurance technique framework is included, the total It has a payment capacity of 117 billion TL.

What does reinsurance protection mean?

Reinsurance protection in its simplest form “sharing risks” can be summarized as This protection means that TCIP, which is essentially an insurance institution, insures itself with other companies and institutions. Some of the money we pay to TCIP to insure our house is insured by another company. In this way, more cash flow is reached instantly.

This earthquake centered in Kahramanmaraş is one of the biggest disasters that our country and the world have seen. Our goal is to save as many people as we can from inside buildings. After that, another process awaits us. These debris will be removed and We hope that we will no longer have to pull our children out of the concrete, strong enough that previous mistakes will not be repeated. new nests will be built.

For details about the earthquake in Kahramanmaraş: