24th June 2010
After the event legal expenses insurance is normally taken out in
order to cover your legal costs after you have suffered a non-fault
personal injury or whether you have decided to make a claim. This policy
allows a cover for legal expenses and disbursements for both you and
your opponent by the after-the-event insurance policy which we will take
out for you. Most insurance providers work on a no win no fee basis, so
that you will not have to pay our fees if your case is unsuccessful. In
some cases, if you want to make a personal injury claim, it might not
cost you anything, no matter what the outcome of your case, maybe.
• It can be quite hard to determine at times, how much you will have to
pay out in solicitor's fees and disbursements if your claim is
unsuccessful. A after the event legal expenses insurance provider will
review the information that you have and will outline their terms and
conditions and will also give an indication of the amount of premium to
the solicitor handling the case before the policy has been instigated.
He or she will keep in mind your chances of winning before deciding
whether to issue you the insurance or not. The best thing about this
policy is that there is usually no upfront premium payable by the client
and the premium is payable at the conclusion of the case and is usually
recoverable from your opponent if your claim is successful.
• Some cases are far more difficult than other, wherein the claimant
client seeks an account, damages, repayment of debts allegedly due and a
counter-claim is also anticipated alleging that the claimant has shown
• Most after the event legal expenses insurance would allow the
opponents to be put on notice that the premium had been incurred as an
additional liability and therefore would be being asked to pay on
successful conclusion of the case and that if the matter does not settle
further extra liability costs will then be incurred. This usually
allows opponents the opportunity to settle the case before further
additional liability costs are incurred and should a dispute arise over
costs, then the details, and information regarding this can be placed
before the judge for the final decision.
• The cost of your insurance may vary, depending upon the factors like,
the amount of compensation you are claiming for, how soon after the
event you are making your claim, the likelihood that your claim will be a
success and whether the premium is paid upfront or will be paid after
the case has been settled.
• This type of policy offers protection for almost all areas of
litigation and is frequently used in both civil and commercial disputes
and is equally important to private individuals, destitute or indebted
clients, or large blue chip companies.
After the event legal expenses insurance also called a post-event
insurance, provides cover after an accident has happened and after you
have seriously thought about making a claim.