ANNOUNCING THE ARRIVAL OF OUR NEW COMMERCIAL LEGAL EXPENSES POLICY – CAN YOU AFFORD NOT TO HAVE IT?
23rd July 2021
Unforeseen legal costs resulting from employment, property or contract disputes can be devastating for a small business, potentially causing short-term cash-flow difficulties or even insolvency.
We have partnered up with ARAG who are able to offer a comprehensive legal expenses insurance policy, arranged by us.
Payment of a small annual premium of £26.80 can protect against the risk of unexpected large legal bills.
So, how can having Legal Expenses insurance running alongside your business insurance help you?
Help is given to avert legal disputes in the first instance by the availability of a 24 hour legal advice helpline. Immediate advice is available on all legal problems affecting your business.
The policy is designed to cover legal risks that arise from carrying out the business and not arising out of being a private individual e.g. there is no cover for divorce proceedings. Cover is split into different sections with each section often having its own conditions and exclusions. Protection applies only for situations arising after the start date of the policy and is not available for any pre-existing disputes.
Click here for more details of the ARAG Legal Expenses policy.
It should be noted that Commercial Legal Expenses Insurance is not a substitute for having Public Liability, Employers’ Liability or Professional Indemnity cover.
If you are in any doubt about the insurance covers you need for your business or would like to discuss Commercial Legal Expenses Insurance call the office on 01328 857921.