What is TCIP – Compulsory Earthquake Insurance is a type of insurance that covers the material damages of earthquakes and disasters that occur as a result of earthquakes. TCIP is a compulsory insurance and must be presented in the title deed transfer process of all residences.

TCIP is made by authorized insurance companies on behalf of the Natural Disaster Insurance Institution . The insurance cost is paid in advance, within the scope of the policies renewed every year. The insurance cost is determined by the Ministry of Treasury, not the agencies. The premium price is determined in line with the apartment risk analysis.

What are the Required Documents for TCIP?

Since the Compulsory Earthquake Insurance is based on declaration, it is important that the owner of the property is informed correctly. The real estate owner is responsible for material losses as a result of misrepresentation. The documents and information required to make DASK are as follows:

of the insured;