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Insurance>What is Compulsory Earthquake Insurance?
What is Compulsory Earthquake Insurance?
Compulsory Earthquake Insurance, known as TCIP or ZDS in short, is a mandatory insurance product with coverage provided by the Natural Disaster Insurance Institution (TICP/DASK), which was established in 2000. TCIP was developed to secure all houses within its scope against earthquakes with payable TCIP premiums.