Insurance law is the branch of law that regulates insurance transactions and relations. This branch of law determines the legal framework of relations between insurance companies and insured persons. Insurance law covers both private insurance law and public insurance law.

Private Insurance Law:
This area regulates insurance contracts between individuals and private organizations. Examples include insurance types such as life insurance, health insurance and motor insurance. Private insurance law deals with issues such as the rights and obligations of the parties, the process of concluding an insurance contract, the payment of premiums, and how to determine compensation in case of damage.

Public Insurance Law:
This area covers insurance services provided by the state. Issues such as social security systems, pension insurance, unemployment insurance fall within the scope of public insurance law. The role and obligations of the state in such insurances, the rights of insured persons and the social security system are regulated in detail.

The main objectives of insurance law include ensuring the security of insurance transactions, resolving disputes between the parties, protecting the rights of the insured and ensuring the orderly functioning of the insurance sector. This branch of law also determines the legal framework that supervises and regulates the activities of insurance companies.

As a result, insurance law provides an important safeguard mechanism for both individuals and society and contributes to the efficient and fair functioning of the insurance sector.