Insurance Law
Insurance Law is a branch of private law that regulates the relationships between parties involved in insurance contracts, as well as the activities of insurance companies and agents. There is no separate law for insurance law. Disputes regarding insurance are regulated within the 5th Section of the Turkish Commercial Code.
- Indemnity Insurance
- Life Insurance
The subcategories of these two separate types are the insurances that we encounter in daily life and that often enter the lives of most clients as disputes.
What are the Types of Insurance?
We can categorize the Types of Insurance as follows:
- Compulsory Motor Third Party Liability Insurance (Traffic Insurance)
- Optional Motor Vehicle Liability Insurance (KASKO)
- Compulsory Financial Liability Insurance for Medical Malpractice
- Professional Liability Insurance
- Employer’s Liability Insurance
- Product Liability Insurance
- Compulsory Earthquake Insurance
- Construction Insurance
- Fire and fire-related profit loss insurance
- Life Insurance
- Health Insurance
- Compulsory Personal Accident Insurance for Road Passenger Transport
What are Insurance Lawsuits?
To give some examples of disputes related to insurance contracts:
- Material and moral compensation lawsuits in traffic accidents,
- Lawsuits related to personal accidents,
- Claims and compensation lawsuits arising from Individual Pension insurance, health insurance, and life insurance,
- Insurance claims and compensation lawsuits for damages resulting from natural disasters such as floods, fires, earthquakes,
- Lawsuits arising from breaches of obligations in insurance contracts,
- Disputes arising from indemnity insurance,
- Disputes arising from compulsory liability insurance,
- Disputes regarding the execution of unpaid insurance premiums,
- Disputes regarding the recovery of compensation and insurance amounts from the injured party
What Does the Insurance Arbitration Commission Do?
Insurance arbitration is the process of referring to an arbitrator instead of a court for the resolution of a disagreement and dispute. Arbitration is of two types: voluntary and mandatory. In mandatory arbitration, the situations in which an arbitrator should be consulted are determined by special laws.
The insurance arbitration commission is a dispute resolution method that contributes to the faster and more practical resolution of disputes arising from insurance contracts before going to court.
The Insurance Arbitration Commission contributes to the resolution of all disputes arising from insurance contracts between the insured or those who benefit from the insurance contract and the party assuming the risk through the Arbitration system.
The decision given by the Insurance Arbitration Commission is not directly final. If an annulment lawsuit is not filed within the time limit or if the annulment lawsuit is waived, the arbitration decision becomes final. For the arbitration decision given as final through an insurance arbitration lawyer, a document stating that the arbitrator’s decision is enforceable is issued by the court upon request. The execution of the decision is ensured based on this document.
Disputes Arising from Insurance Law
In disputes arising from insurance law, our office provides insurance lawyer consultancy services, management of litigation and post-litigation processes, settlement efforts, and mediation; our insurance lawyer team is highly successful in providing consultancy on tracking legal regulations, restructuring, tax issues, and consultancy on the arrangement of insurance policies.
