This insurance offers a streamlined legal expenses policy providing businesses with legal advice and cover for the cost of pursuing or defending certain types of unforeseen legal matters.
Key Features
Contractual disputes – covers alleges breach of contract for supply of goods/services
Tax audit – covers costs in responding to an audit or review by the ATO
Statutory licence protection – covers costs incurred seeking to protect a statutory license from being revoked/suspended
Landlord disputes – covers costs incurred during commercial lease disputes
Restrictive covenants – covers costs incurred during dispute with a former employee for breach of a written employment contract
Third party damage to goods or premises – covers costs incurred for pursuing a third party for damage to your premises or goods/machinery
Includes access to free general legal advice for any questions or concerns that may arise, regardless of whether it is a covered incident
Policy is written on a claim made basis and notified basis where indemnification occurs when a claim is notified during the policy period
Policy responds to claims when there is a reasonable prospect of success.