Commercial Legal Expenses Insurance � Could your Club, Recognised Training Centre or Affiliated Organisation benefit from this additional cover?
Despite having rigorous risk management practices, even the most prepared Sailing Club, Recognised Training Centre or Affiliated Organisation can find themselves suffering from the consequences of a legal dispute. Dealing with litigation problems certainly isn�t cheap�whether it be hefty fines and legal representation costs or excess time spent dealing with such matters. This may leave organisations with a reduced bank balance and often with a tarnished reputation.
Gallagher are pleased to advise that Commercial Legal Expenses cover can help protect your organisation in these circumstances and set you on the road to recovery.
What is Commercial Legal Expenses Cover?
This type of policy provides cover for legal costs that occur while pursuing a claim or dispute against a responsible party. The policy is a form of �before the event� insurance, meaning it must be taken out before the event occurs. Specifically, legal expenses insurance provides cover for the following circumstances:
Statutory Licence Appeal
Appealing to the relevant statutory or regulatory authority, court or tribunal, following a decision by a licensing or regulatory authority to suspend, alter, or refuse to renew or cancel your licence, mandatory registration or British Standard Certificate of Registration.
Property protection and personal injury
Pursuing your legal rights in a civil action following an event causing physical damage to material property which you own or are responsible for, or any nuisance or trespass.
At your request, pursuing your employees� and their family members� legal rights following their death or bodily injury.
Negotiating on your behalf and representing you in any appeal proceedings following a written notice of enquiry, issued by HM Revenue & Customs, to carry out an Income Tax or Corporation Tax compliance check.
Employer compliance disputes
Negotiating on your behalf and representing you in any appeal proceedings in respect of a dispute concerning your compliance with Pay As You Earn, Social Security, Social Insurance, Construction Industry or IR35 legislation and regulations.
Negotiating on your behalf and representing you in any appeal proceedings arising out of a dispute with HM Revenue & Customs
The following helpline services are available 24 hours a day, 365 days a year during the period of insurance:
Premiums for Commercial Legal Expenses insurance via Gallagher on a �100,000 Limit of Indemnity start at �51.52* including 12% IPT.
For more information in respect of RYA Combined Insurance, please contact the dedicated RYA team at Gallagher on 0800 062 2309 or email - firstname.lastname@example.org
*The premium of �51.52 inc IPT is based on a maximum annual wage roll of �500,000.
Royal Yachting Association is an Introducer Appointed Representative of Arthur J. Gallagher Insurance Brokers Limited which is authorised and regulated by the Financial Conduct Authority. Registered Office: Spectrum Building, 7th Floor, 55, Blythswood Street, Glasgow, G2 7AT. Registered in Scotland. Company Number: SC108909. FP1452-2020. Exp. 10.11.2021