What is commercial Legal Indemnity Insurance?
30th June 2023
This video gives a full overview of commercial Legal Indemnity Insurance.
It is appropriate for everyone who engages in the placement of Legal Indemnity Insurance.
Learning objectives:
- Learn about commercial Legal Indemnity Insurance products and how this can be used to mitigate risks in differing situations
- Understand the difference between commercial transactions/refinance and development works
- Policy wordings and common misconceptions
- Common extra covers such as loss of rent, relocation costs, delay costs, and business interruption
- The underwriting process and why the information is crucial, culminating in a claim and the outcomes in each scenario
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