Commercial Legal Expenses

 

Legal Expenses insurance provides access to advice and cover for the legal costs of pursuing or defending certain classes of legal action. It is not a substitute for, but the perfect complement to a company’s liability, professional indemnity, directors & officers or management liability insurance policies.

 

LAUW are offering this product to Australian businesses of varying sizes, without industry restriction. Cover can be purchased either on a standalone basis, or as a mandatory automatic addition to a company’s general insurance for their liability and property risks.

 

What is Covered

Typically legal expenses incurred in respect of:

 

  • Commercial Legal Expenses Insurance
  • The pursuit and defence of contractual disputes with customers and suppliers.
  • The defence of criminal prosecutions and appeals against notices under the Occupational Health and Safety Act; Competition and Consumer Act and similar legislation.
  • The defence of actions brought under the Privacy Act 1998 as amended by the Privacy Amendment (Private Sector) Act 2000.
  • The pursuit of a third party relating to physical damage to property and/or goods owned which causes uninsured financial loss.
  • The pursuit or defence of a dispute with a landlord under a lease or tenancy agreement.
  • Appeals in respect of the suspension, revocation, alteration or refusal to renew a statutory licence.
  • Investigations by the Australian Taxation Office and disputes relating to GST.
  • An inquiry, investigation or other proceedings ordered or commissioned by a regulatory authority.
  • The pursuit of a third party causing injury or death to an employee.

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