Please find all of the answers to our FAQs for the Sole Trader Legal Protection product.
What costs does this policy cover? #
This policy is designed to cover the cost of professional fees charged by a claims handler, solicitor or accountant following a specific occurrence, provided that cover for that occurrence is detailed within the policy wording and is not specifically excluded.
What is the maximum amount a client can claim? #
£50,000 per claim, £75,000 per period of insurance. The maximum amount payable under Jury service expenses is £100 per day and £1,000 per claim.
Can a client use their own solicitor? #
If legal proceedings have been agreed by us, you may at this stage decide to nominate and use your own solicitor or indeed, you may wish to continue to use our own specialists. If you decide to nominate your own professional, we must agree this in advance, and you will be responsible for any professional fees in excess of those which our own specialists would normally charge us (details are available upon request).
How long does a client have to make a claim? #
This is a ‘claims made’ policy. It only covers claims notified to us during the period of insurance and within 30 days of any circumstance which may give rise to any claim. Failure to do so could lead us to decline that claim.
Can the client make a claim immediately? #
No, a client can’t claim on any contract where the dispute arises within the first 90 days of the first period of insurance unless you can provide evidence that you had equivalent cover immediately prior to the original inception of this policy without a break in the period of cover.
How can my client make a claim? #
Please refer to our other article, following the button below:
