Let's explain by giving an example of insurance types. Vehicle insurances; There are various products in vehicle insurance such as Compulsory Traffic Insurance, Green Card Insurance, Liability Insurance, Personal Accident Insurance, Combined Hull Insurance, Increased Liability Insurance, Personal Accident Insurance.
In home insurances, the table doesn't change and a long list awaits us. Package Insurance, Compulsory Earthquake Insurance, Workplace insurance, Liability insurance, Health Institutions Package Insurance, Beauty Center Package Insurance, Educational Institutions Package Insurance, Shopping Mall Package Insurance, Food Package Insurance, Fuel Service Stations Package Insurance, SME Package Insurance, Breath Health Insurance, Card Protection Policy, Engineering Insurances, and so on.
So why do we need insurance? A friend of mine had a saying: if you are not at an economic level where you can easily throw the keys, get in a taxi and go home after an accident, insurance is a must, and he was right. You can insure almost everything, from homes to cars, from belongings to your cargo or products, which has been greatly favored not only by individuals but also by large businesses in recent years.
Celebrities take this a step further, insuring their smile, nose, or buttocks. The biggest reason for this is that they can say, I earn my living from this firm, and my product is my smile. Looking at the averages of the last five years, there is no insurance company making a profit in Turkey.
Realizing that the biggest reason for this is the factors in risk rates, insurance companies made almost a revolution in the last quarter of 2012 and changed the risk factors in all components. As this naturally reflected on the customer with increased costs, it was not welcomed positively by the customer. We hope to share a beautiful life without needing insurance and without neglecting our insurance.
