With limited means Residents’ Management Companies very often do not have the funds available for legal fees to defend, prosecute or further a dispute.
Legal Expenses cover, underwritten by DAS Legal Expenses Insurance Company Limited, will provide indemnity in respect of an Insured Incident arising in connection with the activities of the Residents’ Management Company, Insured Incidents include:
- Bodily Injury;
- Contract disputes;
- Debt recovery;
- Employment disputes and compensation awards;
- Legal defence;
- Property protection;
- Service occupancy;
- Statutory licence protection;
- Tax protection.
There is a Limit of Insurers Liability of £250,000