Legal Expenses Insurance

The demand for this class of insurance has risen rapidly over recent years as more clients realise the benefits of such cover.  Basically there are four types of policy available in the market.

Vehicle Uninsured Loss Recovery - This cover will help take care of the costs that you incur through legal proceedings to recover uninsured losses or damages and compensation following an accident.  Cover will only apply if the insurers beleive you have a resonable prospect of success.

Family Legal Expense - Every year thousands of people become involved in disputes relating to personal injury, consumer disputes, home rights, personal taxation, employment and defence against criminal prosecution.  This policy provides cover for the legal costs incurred in pursuing an action.  A help and assistance telephone line is also provided.

Commercial Legal Expense - Employers are most vulenerable than ever to claims that can cost thousands of pounds to administer (and much more to ignore) in the increasingly litigation minded society we live in.  The encouragement to take action can be seen from a television advertisement, newspapers or even a legal agent in the street asking if you have suffered any accidents.

 

Legal costs and expenses in respect of:-

• Employement dispute protection including Compensation Awards and Service Occupancy
• Legal Defence (including prosecution from the Health and Safety Executive)
• Tax Investigation
• Contractual dispute - protection in respect of the sale or purchase of goods or services
• Property Protection and Bodily Injury including nuisance and trespass

are covered by this policy and 24/7 Helpline facilities are available together with an online Employment Manual

Public/Products Liability

Unfortunately, we live in litigious times.  Businesses can be sued, rightly or wrongly, for seemingly vast damages over a whole series of complaints. 

Insurance can protect a business from this.  It can't stop people suing or winning their cases, but it can deal with the financial consequences.

When your business involves contact with the general public you need Public and Products Liability cover.  This covers injury to third parties (not staff) or damage to their property.  This could be someone tripping over a cable or a worker causing a leaking pipe or an electrical failure.

It's not unknown for damages to reach over a million pounds in public liability cases.  Insurers sell cover based on the limit of liability the business needs.  The minimum cover is usually £1m but it is possible to arrange cover for £10m or more.

Special cover for liability tends to follow specialist trades and activities.  Make sure you have a liability cover that takes account of what you do.