Legal protection
Such insurance policies protect us against the costs of any kind of legal assistance - lawyers, solicitors, experts as well as the costs of litigation. That kind of policy guarantees us that all our interests (and our company's) can be defended in courts, without having to incur the costs of such trials. The policy is useful not only in case of long and complicated court cases, but also when we want to obtain compensation from a dishonest contractor.
- Legal protection insurance reduces the costs of experts, lawyers and legal assistance
- Thanks to such insurance we won’t have trouble with the costs of court trial
Legal protection is a fairly unpopular service in Poland, although it is offered by large as well as small specialists’ companies. Before we make a choice, let us consider what legal protection our company may need in the future. Let us also be sure about the choice of the insurance sum so that we know whay costs will be covered by the insurer in case of a damage. Remember to check what territory is included in the insurance (Poland or other countries).
The policy is usually settled for one year, but we can choose a shorter or longer period of insurance. We are obliged to inform the insurer of any new circumstances that will occur after signing the contract and that could increase the probability of damage. Premium can be paid at once or in installments. If we decide on the latter option - remember about paying on time.
If damage occurs, we should notify the insurance company as soon as possible. Let’s read the insurance contract carefully - then we'll see how much time the insurance company gives to report the damage. An insurer may ask us for additional explanations, such as pending litigation. After reporting the damage, the insurer will immediately estimate what costs will be covered by the insurance in order to protect our interest. Remember that all aspects of the procedure are set together with the insurance company. Thus we can freely choose a lawyer or legal adviser.