What is Legal Expense Insurance?
Legal expense or legal protection insurance serves as a crucial tool for managing risks faced by SMEs and Sole Traders. It offers cost-effective access to legal guidance and representation, empowering businesses to exercise their legal rights without hesitation. This coverage encompasses both the expenses incurred in pursuing legal action and defending against it.
More specifically, Legal Expense Insurance is a type of coverage that helps protect you from the financial burden of legal expenses. It provides coverage for legal costs, such as lawyer fees, court fees, and other legal expenses, depending on the terms of your policy.
Business Legal Expense Insurance is a product of ARAG Australia.
Legal Costs for Pursuit and Defense
Access to Legal Document Centre
Legal Information Helpline
Types of Legal Expense Insurance
Legal Expense Insurance covers a wide range of legal issues, but policies tends to fall into one of 3 major categories:
Business or Commercial Legal Expenses Insurance: this covers business owners from legal matters that develop from the day to day running of their business. This can be related to employees, suppliers or customers.
Personal or Family Legal Expenses Insurance: this policy protects the legal rights of private individuals or families in the event of a legal dispute. This can be anything from a dispute with a neighbour or employment disputes like unfair dismissal.
Landlord Legal Expenses Insurance: these policies typically cover landlords for legal matters developing from landlord-tenant disputes including but not limited to refusal to pay rent or property damage.
The coverage for each of these policy types may vary, so it's essential to review your policy for specific details.
Frequently Asked Questions
Get a Quote
Request more information about ARAG's Legal Expense Insurance by completing this form. A member of the Tudor Insurance Team will be in contact to assist and can offer a quote.
Other Insurance products to consider
Commercial Motor & Fleets
Public & Products Liability
Professional Indemnity
Cyber Protection Insurance
Business Interruption Insurance