What is Liability Insurance?
Liability insurances cover damages to the environment, customers or public and private institutions as a result of the mistakes of individuals or institutions during their own activities.
Liability insurance provides insurance against pecuniary and non-pecuniary damages to the environment, customers or public/private institutions as a result of a person or institution's own faults or the misconduct of persons under his/her supervision. This type of insurance secures the responsibilities you may face during the activities of your business.
Neon Reinsurance offers your liability insurance policy in the most appropriate way according to the characteristics of your business and follows the process on your behalf.
What is the Scope of Liability Insurance?
Liability insurance is a type of insurance that covers many different situations. The following headings are covered by this insurance:
- Responsibility of the product produced: Products recalled due to defective production.
- Employer responsibilities: Accidents occurring in the workplace and damages of employees.
- Manager responsibilities: Losses caused by the decisions of the directors of the company.
- Responsibilities towards persons: Pecuniary and non-pecuniary damages against individuals.
- Professional responsibilities: Responsibilities arising from professional mistakes of professionals such as doctors, lawyers, engineers.
- Hazardous substances and wastes: Insurance against damage caused by hazardous substances or waste.
- Marine pollution liability: Liability in the event that coastal facilities cause marine pollution.
Neon Reinsurance offers the most suitable insurance solution under these headings in accordance with the needs of your business and covers your risks in the best way.
