From 20th March 2017, the Odgen rate of discount has been reduced from 2.5% to -0.75%. The discount rate reflects Read More
Legal expenses/fees, compensation awards or an unexpected tax inquiry can all undermine the financial stability of your company.
Businesses nowadays have to operate in an increasingly complex environment. In this unpredictable business climate a wide ranging legal expenses insurance policy is essential if your company is to protect itself against the potential legal expenses it may face.
In recent years there has been an increase in the volume of business legislation and keeping up with recent developments is a full time job for solicitors and legal expenses insurers. There is also an increasing public awareness of legal rights and a new willingness to take legal action against companies.
Naturesave offers Commercial Legal Expenses Cover as standard with our Commercial Combined Insurance and as a standalone product. Premiums are very competitive and cover includes access to a free, online reference and advice centre, including online templates for letters, forms and contracts, which can help keep you up to date with changes in employment law and taxation.
Our Commercial Legal Expenses Protection policy allows you to pursue or defend your legal rights in a variety of situations such as problems with employees, disputes with suppliers and tax inquiries.
Please see the Commercial Legal Expenses Protection Policy Summary, which outlines the cover provided.
Information for Commercial Legal Expenses Protection Policy Holders
In the event of any claim, or if you require confidential advice on any commercial legal or tax problem affecting your business, please call the Legal Advice Helpline on 0117 934 2111. Please quote the scheme policy number provided with your policy document. This helpline is open 24 hours a day, seven days a week during the period of insurance.