Commercial Legal Expenses

As part of Corin’s core offering, we proudly include an extensive and robust legal expense section – Essential Business Legal – on all UK and Irish policies. Both SME and large businesses alike will be able to take advantage of the many benefits offered in this section when they take out a Corin policy.

Essential Business Legal

All businesses will have legal problems from employment issues to tax disputes, which can be unpredictable, expensive and time consuming to resolve. Our commercial legal expenses insurance offers a cost effective legal cover for business to resolve legal issues.

This policy is administered by ARAG plc and underwritten by AmTrust Europe Limited.

Services and Benefits

Alongside the core legal expenses insurance, Essential Business Legal provides a range of services and benefits for you and your client. Access is available 24/7, 365 days a year for the following:

  • Advice: Confidential legal helpline to provide advice on business matters
  • Crisis Communication: To manage and respond to negative publicity
  • Counselling Helpline: Trained counsellors provide employees with help and support over the phone
  • Tax Advice: Open during office hours, the tax advice line assists with all tax-related issues
  • Business Legal Services Online (UK Only): Personalise and download a wide-range of legal documents

Policy Coverage

Essential Business Legal responds to a generous range of legal disputes that can arise from your clients’ day-to-day business activities:

  • Employment Protection and Compensation Awards: Provides protection from disputes with past, present or prospective employees, including payment of legal costs and compensation awards
  • Employment Restrictive Covenants: Both pursuance and defence for a breach or alleged breach
  • Tax Protection: Covers a formal aspect or full enquiry into your clients’ business tax affairs, IR35, PAYE compliance disputes and appeals against an assessment by HM Revenue and Customs relating to VAT
  • Property: Pursues legal claims relating to physical property damage, nuisance or trespass, and recovery or repossession of property from an employee or ex-employee
  • Legal Defence: Defends the insured from business-related prosecution. Also provides £15,000 per claim for Tachograph offences
  • Compliance and Regulation: Civil action brought under the DPA and providers
  • Statutory Licence Appeals: Provides cover to appeal against a decision to cancel suspend or restrict the terms of a statutory licence
  • Loss of Earnings: Provides cover for the insured’s loss of earnings if attending a hearing or jury service
  • Personal Injury: Pursued a claim for compensation if an employee is injured at work where fault lies with a third party
  • Employees’ Extra Protection: Provides cover to defend employees against civil actions alleging unlawful discrimination, pension fund trustees cover and cover to pursue a claim if they are injured while on business
  • Executive Suite: A suite of covers to protect the principal, executive officers, directors and partners of your business. This includes, HMRC enquiry into personal tax affairs, personal motor prosecution, personal identity theft, mediation to resolve a partnership agreement and personal crisis communications
  • Contract and Debt Recovery: Protects you if a customer or supplier doesn’t fulfil a contractual agreement
  • Crisis Communication: Provides the insured with access to PR support to manage adverse media publicity and avoid reputational damage
  • Maximum amount payable: £100,000

Why Do You Need Commercial Legal Insurance?

Employment Protection

  • 88,476 claims were accepted by Employment Tribunals during 2016/17 an increase of 5,445 on the previous year
  • The highest sum awarded in a tribunal claim was £1,744,575 which was awarded for an unfair dismissal claim
  • The highest amount awarded for discrimination was £456,464

* Source Annual Tribunal Statistics April 2016 to March 2017

Compliance and Regulation

According to the Health & Safety Executive Statistics 2016/17:

  • 1.3 million people working people are suffering from a work-related illness
  • 609,000 injuries occurred at work according to the Labour Force Survey
  • 31.2 million working days were lost due to work-related illness and injury
  • £14.9 billion is the estimated cost of injuries and ill health from current working conditions

* Source Health & Safety Executive 2016/17 statistics 

If you have any questions of would like to know more about any of our other products please get in touch