Demographic transformation in conjunction with industrialization, especially has led to in the fall of fertility rates in developed countries and an increase in the share of total population of the elderly people. The impact of the aging population especially on social security expenditures is negative for a country’s economy. Various family benefits have done in order to encourage the employment of women have children and have a young population structure again. Not only because of changes in population structure but also for preventing child poverty in countries which have income distribution disorder, family benefits is implemented. Financing form of family benefits varies by country to country. Some countries financed by taxes, while some financed by premiums and state contribution. However some family benefits have been applied in Turkey but still not insurance branch existed formally yet. In this study, some benefits which have characteristic of family benefits have examined firstly, then proposed a family insurance model for Turkey. Proposed model contain 3 alternatives and premium rate has found for financing system in different alternatives. Outcomes of this study, it has been revealed that if combining all family benefits under a single roof and transferred resources to proposed model, comprehensive and more efficently system can exist.