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Frequently asked questions:
The Business Legal Expense coverage has a lot to offer, thus you might have a few questions. Here are the most frequently asked questions.What is Legal Expense Insurance (LEI)?
Legal Expense Insurance (LEI) is a unique product that helps individuals and business owners defend or pursue their legal rights if they have a dispute with another party. With the LEI coverage, policyholders have access to legal advice and guidance, as well as financial security knowing their legal costs will be covered should they face an insured legal issue. LEC offers a suite of LEI coverages, each designed to meet specific business needs. An LECbusiness policy:
– Provides financial coverage in a variety of potential legal events, including employment disputes, bodily injury, legal defence, contract disputes, and debt recovery.
– Empowers policyholders to pursue or defend their legal rights.
– Provides you with unlimited access to a general legal advice helpline.
What do ‘legal costs’ include?
Will my LEI policy cover ‘any’ legal dispute?
If I have a legal issue before my policy starts, will it be covered?
What does ‘reasonable prospects’ mean?
If I call the legal advice helpline, does it automatically trigger a claim?
What happens if my legal costs end up going over my limit of indemnity?
My policy suggests that some issues may be ‘negotiated’ rather than simply pursued or defended in court. Why is this?
Does my policy cover the defence of criminal charges (ex. a policyholder is criminally charged with assault)?
What if I am not happy with the way the appointed lawyer is dealing with my claim?
Will I ever meet with the lawyer face to face, or is everything over the phone?
What are your privacy protection rules?
What number do I call for legal advice?
