Legal expenses cover, also known as family legal protection, is an insurance product that can be purchased in addition to your standard home insurance policy.
This coverage serves to safeguard you against the financial implications of legal actions, whether you are pursuing a claim against someone or defending yourself.
Key Considerations
These policies can assist in managing the legal expenses associated with pursuing claims and cover is provided to cover the costs of legal advice and representation.
For your insurer to become involved in a legal claim on your behalf, they typically need to be convinced that your case has a reasonable chance of success.
It’s important to understand that legal expenses cover does not extend to covering compensation, and it’s crucial to be aware of any exclusions.
What Does Legal Expenses Cover Include?
· Personal injury
· Employment disputes
· Issues arising from faulty goods
· Boundary disputes and conflicts with neighbours
· Tax inquiries or investigations
· Legal defence in various legal proceedings
· Protection of property interests
· Loss of salary due to jury service
What’s Not Covered?
There are several common situations typically excluded from legal expenses insurance in your home insurance policy, including:
· Claims where the likelihood of winning is less than 51%
· Claims for events that occurred before the start date of the policy
· Claims falling below a certain financial threshold – Legal expenses cover usually requires that the dispute’s value exceeds a minimum amount to be eligible
· Claims involving your car – Legal issues related to a car for which you are responsible are usually not included in legal expenses cover, such as accidents involving your vehicle damaging someone’s property. However, your car insurance may provide coverage for such situations
· Disputes between you and your immediate family or anyone you live with
Do I Already Have Legal Expenses Cover?
You may already have legal expenses cover through your home insurance policy, as many policies include this coverage as a standard feature. If not, it is often available as an optional add-on.
Additionally, legal expenses insurance might also be included with certain bank accounts, credit cards, or other insurance policies. Therefore, it’s advisable to check whether you or any members of your household have legal expenses insurance, as it can sometimes extend to cover everyone residing in the property.
If you would like to know more about legal cover get in touch with our team today! support@nestgi.co.uk 03330 110555
