What the cover may include

Depending on the insurer and policy, cover may be available for selected employment disputes, tax matters, property disputes, contract disputes or other defined legal events. Cover is not a substitute for broad professional indemnity, management liability or liability insurance.

Important limitations

Policies can contain waiting periods, prospects-of-success tests, sublimits, panel-lawyer requirements and exclusions for known or existing disputes. The exact wording should be reviewed before relying on the cover.