Legal Expense Insurance
Legal Expenses for Strata | Legal Expenses for BusinessLegal Expenses for Strata
With the above policy Strata Council members will enjoy practical legal advice and assistance and the peace of mind they deserve.
1. The coverage includes:
- All legal fees for covered matters, including disbursements such as court costs, and adverse costs
(if applicable) - Limit of indemnity is $200,000 per event subject to $1 million aggregate limit in any one policy year.
2. You will receive an Insurance Policy with the following coverages and benefits:
- Coverage for pursuing and defending your legal rights for contractual disputes
- Coverage for defending an employment dispute
- Coverage for pursuing a civil action relating to property protection which the Strata is legally responsible for
- Coverage in the event of the Strata being audited by the CRA (incl. accountants fees)
- Legal defense arising out of occupational health and safety issues, police investigations, criminal charges and privacy claims against you in your professional capacity
- Free, unlimited access to a Legal Advice Helpline to discuss any Strata & business related legal matters (incl. tax advice)
- Subject to the full terms and conditions of the policy.
Examples of claim coverage scenarios:
- A strata entered into a contract with a painting contractor to paint the exterior of the strata building. The painting contractor completed the work but the job was not completed to the satisfaction of the strata as per their agreement. The strata refused to pay the painting contractor unless the painter came back to complete the job. The painting contractor took the strata to court. DAS Legal Protection Insurance Co. paid all the legal fees on behalf of the strata.
- A strata terminated its building superintendent's employment and provided an appropriate termination package. The superintendent felt that his termination was unfair and took the strata to the labor relations board. DAS paid all the legal fees and provided the initial advice regarding proper disciplinary actions.
Legal Expenses for Business
Did you know?In Canada, successful parties are not rewarded all their legal costs? Often they are responsible for a portion of their own legal fees.
Many Canadians are too wealthy to qualify for legal aid, but not wealthy enough to afford a lawyer. And even if we believe the law is on our side, the associated costs, stress and uncertainty often make us walk away from the justice system.
Do you have the available resources to pursue your rights or
to defend your company against a major claim?
If you're in any doubt, DAS business policy is the clearest answer.
With DAS Canada's legal expense insurance policy, your coverage includes:
- Employment disputes
- Legal defence
- Statutory license protection
- Optional contract disputes and debt recovery
- Property protection
- Bodily injury
- Tax protection
- 24/7 telephone legal advice