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Just when you think everything is running swimmingly in business, something unexpected can arise. Whether it’s an employee dispute, tax investigation or a contract disagreement, legal issues can come from left field causing unplanned challenges and costs to a business. 

That’s why Legal Expenses Insurance (LEI) can be useful. It’s a business insurance that can cover legal fees, helping to protect against unforeseen costs.  

Legal Expenses Insurance can cover the costs of solicitors, mediation expenses and court fees, helping to alleviate the financial strain that even a minor dispute can bring to a small business. 

Most small to medium size businesses don’t have their own in-house legal team, so Legal Expenses insurance can provide access to legal expertise as part of the policy, in the form of legal advice helplines to help a company stay compliant with the law. 

Taking out Legal Expenses insurance can also provide peace of mind for businessowners, that help is available should any unexpected legal battles occur. 

Have a chat with Prizm Solutions before you decide to take out a Legal Expenses policy, as it may not be a priority for your business if you have a low risk profile, but it’s definitely worth having a conversation before making a final decision.  

Just give one of our friendly insurance brokers a call, so we can find out more about you and your business and offer useful insurance advice. We offer a number of different Legal Expenses policies, including Business Legal Expenses, Landlords Legal Expenses and even Family Legal Expenses, so just ask for more details.