Legal Expenses Insurance
Legal expenses insurance protects property professionals, entrepreneurs and businesses against unforeseen costs when involved in disputes, litigation, or contractual conflicts. It covers fees for attorneys, legal counsel, and judicial proceedings.
This coverage typically includes:
- Lawyer and legal advisor fees
- Court and litigation costs
- Expert assessments in disputes
- Settlement negotiation expenses
The policy reimburses legal costs but does not directly compensate financial damages; it funds the defence or pursuit of a legal claim.
