There are many kinds of useful and industry-tailored professional insurance solutions for today’s businesses to take advantage of, but the most universally advantageous has to be commercial legal expenses cover.
In today’s society of litigation, rules and regulations, lawsuits are extremely common. In the wake of the recession, organisations are trying to recoup losses and find someone to blame. This has resulted in a culture of litigation, where even the smallest of businesses runs the risk of being buried in legal costs.
Most modern businesses take out professional indemnity insurance to cover the costs of defending charges of professional negligence. However, not all of these cases are as cut and dried as insurers would like, which is why it is useful to have legal expenses cover for any kind of lawsuit no matter how complex.
Commercial legal expenses insurance is a comprehensive solution, enabling you to access legal services and advice should you need to defend your organisation’s assets, reputation and future survival.
Alongside litigation cover, you should also consider taking out public liability and employers’ liability insurance, the latter of which is required by law if you have employees.
If you have any questions, please feel free to give us a call.