14th July 2010
Most people are unaware of the fact that they can buy before the event
legal expenses insurance as part of household and motor insurance
policies. Pursuing any type of legal claim can cost a lot of money and
same is the case with a claim for compensation following a personal
injury accident. This insurance policy covers a number of disputes,
including consumer disputes, personal injury, employment disputes,
property disputes and medical negligence and will also help you pay the
costs of claims made against you by members of the public who are either
injured or even killed, or whose property is damaged because of your
It is affordable and a great way for resolving a number
of different issues and helps business owners and organisers with a
means of getting assistance and the products to meet all of their
requirements and keep them in complete control of everything.
before the event legal expenses insurance providers allow solicitors to
undertake the risk assessment. Another important aspect to this
insurance is that the premium doesn’t have to be paid until the case is
successfully concluded. If you win the case, then the other party is
liable to re-imburse to you the cost of the policy and you don’t have to
pay anything for the policy.
Sometimes, the policies are
self-insured, meaning that if the claim is unsuccessful, the cost of the
policy is paid to you as a benefit of the policy, which of course means
that you won’t be charged anything.
The provider’s panel
solicitors will often assess and if they feel your claim stands a
greater than 50% prospect of success and if it does, they will accept
instructions to act according to the rules of the policy, and continue
to offer their support until the end.
Most before the event legal
expenses insurance policies would cover anything including cancellation
due to reasons beyond your control like bad weather or any other
accidents, due to loss or damage to the property i.e. accident to
conveyance on your way to the property or ground where the event Is
about to take place.
You may get your policy attached to your
home buildings or contents insurance or if you are a holder of a
particular credit card or bank account.
When someone has been
wronged they look for justice, but pursuing your rights through the
courts can be really costly. Then there are solicitors' costs and fees
for a barrister and expert witnesses involved too. As a claimant you may
have to pay the opponent's costs as well as their own if they lose the
case. Whether you are a trader or a big company, there is always a lot
of choice for best quality cheap event insurance alongside highest
also a great way to get protected, especially if you have a new business
or a property to insure.