Commercial legal expenses insurance helps protect your business from the impact of everyday legal risks.
Commercial Legal Expenses insurance can help with problems incurred as a result of new legislations, tax issues and supplier disputes, as well as many other areas. The cover is typically designed to operate as a before the event insurance to help you to get expert legal advice before a problem arises. Depending on the cover selected, policies can provide cover for legal representation and legal expenses should a formal claim be presented, helping to minimise costs to the business.
Without a Commercial Legal Expenses policy in place, a business may find that they are unable to obtain the right legal advice in the event a situation arises or that the costs for legal representation on a matter are extremely expensive when help is sought after an event has already occurred.
Legal expenses insurance is purchased to fund the costs of legal advice and/or the costs of bringing or defending a court case.
A typical Commercial Legal Expenses insurance policy could cover:
Policy coverage will vary between insurer.
If you require any further information on any aspect of legal expenses insurance, please do not hesitate to contact our friendly and knowledgeable team.