What is private sigorta?

Private insurance (özel sigorta) in Turkey refers to insurance policies offered by private insurance companies to individuals and businesses. These policies provide coverage for a variety of risks, including healthcare expenses, property damage, liability, and more.

Private insurance policies can be purchased directly from insurance companies or through agents and brokers. They offer a range of coverage levels and premiums, and are often tailored to the specific needs of the individual or business. Private insurance policies can be more expensive than government-provided insurance, but they often offer more extensive coverage and flexibility.

Some common types of private insurance in Turkey include health insurance, car insurance, property insurance, liability insurance, and travel insurance. Private health insurance (özel sağlık sigortası) is particularly popular, and many employers offer it as a benefit to their employees.

Private insurance companies in Turkey are regulated by the Insurance Supervisory Board (Sigorta Denetleme Kurulu) and the Undersecretariat of Treasury (Hazine Müsteşarlığı). These organizations ensure that insurance companies operate in compliance with government regulations and oversee the resolution of any disputes between policyholders and insurers.