Thursday 14 November 2013

LEGAL EXPENSES INSURANCE

 LEGAL EXPENSES INSURANCE


Legal expenses insurance (LEI), additionally called legal protection insurance (LPI) or just legal insurance, may be a variety of insurance that covers clients against the potential prices of proceeding brought against the policyholder by another individual or establishment. There area unit 2 main kinds of such insurance & before-the-event & after-the-event
(\"the event\" being some contingence that triggers legal action). Most legal insurance plans & systems area unit before-the-event, although each area unit common in some jurisdictions like the uk. within the us, the thought is most frequently referred to as pre-paid legal services (PPL or PPLS). Some specialised kinds of LEI embody varied forms of skilled insurance, like insurance for medical practitioners, errors & omissions insurance for consultants & agents & brokers of assorted types, & administrators & officers insurance for principals & superordinate officers of firms & different organisations.

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