Okuzeka
Insurance vocabulary · Property & Liability

Earthquake insurance

Meaning in insurance, with examples

nounCore term

In insurance, earthquake insurance means: Insurance that pays for damage to buildings and contents caused by an earthquake and by events that follow it, such as fire or landslide.

In Turkish: deprem sigortası, zorunlu deprem sigortası, DASK

How it is used

Essential vocabulary in Turkey. Compulsory earthquake insurance for homes is provided through DASK, known in English as the Turkish Catastrophe Insurance Pool (TCIP). Its cover has an upper limit, so owners can buy extra earthquake cover from private insurers.

Example sentences

  1. Without valid earthquake insurance, you cannot complete the title deed transfer.

  2. The compulsory earthquake insurance covers the building, but the furniture needs separate contents cover.

Common collocations

  • compulsory earthquake insurance
  • earthquake cover
  • earthquake deductible
  • earthquake insurance policy
  • home insuranceInsurance for a house or flat and the belongings inside it against risks such as fire, water damage, theft and storms.
  • property insuranceInsurance that covers buildings, equipment, stock and other physical assets against damage or loss from events such as fire, flood, storm and theft.
  • fire insuranceInsurance that pays for damage to buildings, equipment and stock caused by fire and often by related events such as lightning and explosion.
  • reinsuranceInsurance bought by insurance companies to pass part of their risks to another company, so that very large or numerous losses do not threaten them.

More terms: Property & Liability

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This page explains English vocabulary for learners. It is not financial advice.