The Insurance and Private Pension Regulation and Supervision Agency of Türkiye announced that revised compulsory earthquake insurance rules will take effect on Sept. 5, 2026. When an insured property is sold or transferred through an equivalent transaction, the existing policy will terminate automatically on the land registry date. Registration authorities must verify that the new owner has a valid standalone compulsory earthquake insurance policy, rather than a transfer endorsement, before completing the transaction. The policyholder or former owner may request a refund of premiums covering the unused period. For ownership changes outside a sale or equivalent transaction, including inheritance, the existing policy will remain in force. The new owner must notify the insurer that intermediated the contract within 15 days of learning of the change, and the insurer or agent must issue a policy containing the ownership-change endorsement within 24 hours of notification.
2026-08-26Insurance and Private Pension Regulation and Supervision Agency of Türkiye
Insurance and Private Pension Regulation and Supervision Agency of Türkiye sets new earthquake insurance requirements for property transfers
Türkiye’s insurance regulator will require a new owner to hold a standalone compulsory earthquake insurance policy for property sales and equivalent transfers from Sept. 5, 2026. The previous policy will terminate automatically upon registration, with unused premiums refundable on request. For transfers such as inheritance, the existing policy will continue subject to notification and endorsement requirements.