Do I need Legal Expenses Insurance Cover?
Legal Expenses Insurance is an inexpensive yet effective form of cover which our clients usually purchase alongside their Buildings Insurance.
There are many reasons for investing in Legal Expenses cover. It will cover the cost of legal support and representation in a variety of matters such as:
- Legal claims made against injury
- Tax Protection
Having Legal Expenses Cover in place for a block of flats is especially important, as there is a high number of people within the property. Naturally, having more people in one property – whether it be visitors, employees or residents – means there is a higher likelihood that a legal incident as mentioned above may occur.
It is a good idea to have Legal Expenses Cover in place before an incident occurs. Often, Residents’ Management Companies do not have the funds to defend, prosecute or even enter a legal dispute.
With Legal Expenses Cover in place however, you can be prepared in case the worst happens.
What will Legal Expenses Insurance Cover protect me against?
Our Legal Expenses Cover is provided as an additional to you Block of Flats Insurance. The policy is underwritten by Legal Protection Group and 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
Call us for a Legal Expense Insurance Cover quote today on 0800 281 235.