Legal disputes are costly and stressful to pursue or defend as professional fees are spiralling every day. Due to the financial risk and uncertainty of the outcome, people avoid taking legal action, but business, private individuals do look for ways to protect themselves. This is where Legal Expenses Insurance can help.

What does it cover?

Legal Expenses Insurance covers legal costs involved in pursuing or defending a claim. Legal costs also include appointment of solicitors, barristers, and expert witness, financial support to meet legal costs awarded against the insured, 24-hour legal advice dispensed by experienced solicitors, barristers, employee relations' practitioners and tax experts, and access to in-house expertise to resolve consumer or employment disputes.

Legal expenses insurance covers a wide spectrum of disputes such as car accidents, the recovery of uninsured losses from third parties, damages for minor injuries, small consumer disputes, medical negligence and property disputes.

Types of Legal Expenses Insurance
There are three kinds of legal expenses insurance - Commercial, Personal and Motor

Commercial Legal Expenses insurance policy - you can purse or defend your legal rights in a wide range of business situations such as employment disputes, tax enquiries, property protection, and disputes with suppliers.

Personal Legal protection insurance policy - covers the policyholder and members of his/her household against potential legal disputes such as problem with employers, personal injury claims, disputes with suppliers of goods and services and disputes with neighbours.

Motor Legal Expenses Insurance policy - will give you the power to protect you self in a wide range of situations like compensation for personal injury, if you are injured and for your family if you are killed, reasonable hire charges for a replacement vehicle, while yours is being repaired, repair costs, compensation for damage to their personal belongings, recovery of policy excess and motor contract disputes.

Legal Expenses Insurance includes coverage of specific legal services, but its main function is to protect an individual or an organisation besieged with legal problems or disputes costing time and money across a wide range of situations.