Commercial Insurance
Your Business Is Always Secure with İktisatbank’s Commercial Insurance Services
We help businesses operating in Northern Cyprus evaluate insurance options for their premises, commercial goods, projects and liabilities. Through our agencies for İktisat Sigorta, Anadolu Sigorta and Axa Sigorta, we provide business premises, liability, cargo and engineering insurance.
Review policy options for your business activities and needs, and understand the cover, limits and exclusions to easily choose an insurance option suitable for your business.
Business Premises Insurance
Business premises insurance may provide protection against risks such as fire, theft and natural disasters within the cover specified in the policy. The premises, their use and the values to be insured are important when assessing a quotation. Check the risks covered and the limits in the policy.
Liability Insurance
Liability insurance offers options for legal and financial liabilities that employers and professionals may face towards employees or third parties. Identify your needs by reviewing the relevant type of liability, policy cover and exclusions for your activities.
Cargo Insurance
Cargo insurance offers cover options for damage or loss that may occur while commercial goods are being transported. The nature of the goods, method of transport and route are important in the insurance assessment. Find out when cover starts and ends, and what is excluded, when obtaining a quotation.
Engineering Insurance
Construction, erection and electronic equipment insurance offer different cover options for your projects and equipment. You can assess the policy conditions according to the type of project and the equipment to be insured. Protection under each product is limited to the cover and limits stated in the policy.
What Should You Check When Choosing a Policy?
Do not compare quotations on premium alone. Consider cover limits, exclusions, the insurance period and any excess together. An excess is the portion of a claim that remains payable by the insured under the policy conditions.
Whether an event is covered depends on the policy terms. Our bank can provide guidance on the claims process and required documents; the payment decision and amount depend on the relevant insurer’s assessment.
Request Information and a Commercial Insurance Quotation
To discuss your business insurance needs, visit your nearest İktisatbank branch or call Phone Banking at +90(392)444-4444. Share your business activities and the values you wish to insure to learn about available policy options.
If you also import or export, you can explore our foreign trade products page. Commercial payment services and insurance cover offer solutions for different needs.
Frequently Asked Questions About Commercial Insurance
You can find out about business premises, liability, cargo and engineering insurance. Suitable options are assessed according to your business activities, the values to be insured and policy conditions.
No. Protection is limited to the cover, limits, exclusions and any excess stated in the policy. Please review the risks covered before accepting a quotation.
The nature of the goods, method of transport and route are important. Ask about the insurance period, start of cover and scope when obtaining a quotation; your branch can advise on required documents.