Legal Indemnity Insurance
Becks Insurance Brokers offers specialised Legal Indemnity Insurance designed to protect businesses and individuals against financial loss arising from legal defects or disputes related to property and land. This policy is essential for property owners, developers, and investors, providing comprehensive coverage for a range of legal issues that could impact property transactions and ownership. Our bespoke cover ensures that you can proceed with confidence, knowing that potential legal risks are managed effectively.
Secure Your Property Transactions with Legal Indemnity Insurance
Legal Indemnity Insurance provides robust protection against a variety of legal risks associated with property ownership and transactions. Whether you are purchasing, developing, or selling property, our tailored policies offer peace of mind by covering potential legal issues that could arise. With Becks Insurance Brokers, you benefit from expert advice and customised solutions designed to meet the specific needs of your property dealings.
Features and Benefits
Title Defects: Coverage for financial loss due to defects in the title of the property.
Restrictive Covenants: Protection against breaches of restrictive covenants that may impact property use.
Rights of Way Issues: Coverage for legal disputes related to access and rights of way.
Planning Permission Problems: Protection against issues arising from lack of planning permission or building regulation compliance.
Adverse Possession Claims: Coverage for claims of adverse possession that could affect property ownership.
Missing Documents: Protection for losses due to missing or incomplete property documentation.
What is Typically Covered?
Legal Indemnity Insurance generally includes cover for:
Title Defects: Financial loss due to defects or disputes over the property's title.
Restrictive Covenants: Costs associated with breaches or enforcement of restrictive covenants.
Rights of Way: Legal expenses related to disputes over access and rights of way.
Planning Permission: Costs arising from issues related to planning permission and building regulations.
Adverse Possession: Legal expenses and losses related to claims of adverse possession.
Missing Documents: Financial protection against losses due to missing or incomplete property documentation.
Typical Exclusions:
Known issues prior to policy inception
Deliberate non-disclosure of relevant information
Fraudulent acts or intentional wrongdoing
Claims arising from illegal activities
War and terrorism (unless specifically included)
Please note that actual terms and conditions will vary from business to business and insurer to insurer. Full details of any cover will be explained in full by a Becks insurance broker.
Ensure your property transactions are fully protected with comprehensive Legal Indemnity Insurance from Becks Insurance Brokers. Book an appointment with one of our expert brokers here or arrange a quotation by completing our online form here.