In the event that a third party suffers a loss due to faults, mistakes, negligence or violations made by the managers while performing their duties with their managerial qualifications and this damage is requested from them, the compensation and defense expenses of the managers are covered by the manager liability insurance. While Sompo SME Manager Liability Insurance is the first manager liability product that can be issued under channel authority, it provides coverage options up to 10 Million TL for companies with an annual sales volume of up to 40 million TL.
All types of institutions can purchase Sompo SME Manager Liability Insurance, except the ones listed below.