Invoice Protection Insurance

Your invoices are under our protection!

Invoice Protection Insurance

    You can get your invoice payments under coverage against involuntary unemployment, death, disablement, temporary incapacity or daily hospitalization risks. In cases when any one of the “Death, Full and Permanent Disability” risks are occurred, the compensation amount specified in the policy shall be paid as a lump sum.

    With Invoice Protection Insurance;

    • If you are a salaried-employee, involuntary unemployment coverage amount; and
    • If you are a self-employeed person or a civil servant, temporary incapacity to work/daily hospitalization coverage amounts;

    are paid within the limits of your policy coverage for a period of maximum 6 (six) months whereby the status of involuntary unemployment or temporary incapacity or hospitalization prevails .

    • Death: It is the death of the insuree due to any reason other than the exceptions specified in General Conditions of Life Insurance.
    • Full and Permanent  Disablement Due to Illness: It defines the circumstance which fully and permanently hinders the insuree to perform any profession or activity that would enable him to generate financial income for himself.
    • Permanent Disablement Due to Accident: It defines the full disability status specified in General Conditions of Personal Accident Insurance.
    • Involuntary Unemployment Coverage:  It is the situation whereby the insuree, within the framework of the conditions specified in the policy, loses his income generating work or works against his will.
      • Coverage for Temporary Incapacity due to Accident or Illness: Provided that it is documented by a full-fledged hospital report, it is the situation whereby the insuree loses his capacity to work temporarily due to an accident or illness. Self-employeed people and public servants can benefit from this insurance.
      • Daily Hospitalization Coverage: It is the situation whereby the insuree needs medical treatment by staying in hospital due to an accident or illness.

    Coverages (TL)


    Invoice Protection Insurance

    Death / Full and Permanent Disability

    3.000 TL

    Involuntary Unemployment

    300 TL / month

    Temporary Incapacity

    300 TL / month

    Daily Hospitalization

    300 TL / month


    10,50 TL x 12 months = 126 TL

    In order to be eligible to benefit from Involuntary Unemployment Coverage; the person should have been worked as a permanent employee registered in Social Security system for a period of at least 180 days in the same workplace before the unemployment date and must be employed for a period of 120 days after the insurance application date and the unemployment status must continue at least for 30 consecutive days after the unemployment date.

    Coverage for Temporary Incapacity due to Accident or Illness: After the lapse of 30 days waiting period, this coverage shall be valid on condition that the health status of the person is verified by a full-fledged hospital report authorised by the Ministry of Health.

    Daily Hospitalization Compensation Coverage: The insuree should have stayed in the hospital more than 7 (seven) days as a result of an accident or illness.

    The insurance policy is issued on an annual basis. The insurance amount for Involuntary Unemployment or Temporary Incapacity or Daily Hospitalization Compensation coverages  is paid maximum 2 times within the insurance period.

    Invoice Protection Insurance is offered through BNP Paribas Cardif Retirement Company. Please contact with the TEB Branch nearest to you to purchase this insurance or call 0850 200 0 666 TEB Phone Branch.

    * TEB is an authorised agent of BNP Paribas Cardif Retirement Company and Invoice Protection Insurance is offered through BNP Paribas Cardif Retirement Company.

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