Quote:
Originally Posted by macafee2
Have you used or do you know about :-
Before The Event insurance
or
After The Event insurance
I understand that After The Event insurance is once something has happened and you intend to sue, you can take out an insurance to cover both sides legal costs in the event you lose your case.
The insurance will only be given if the insurance company think you have a more then 50% chance of winning your case.
if you have sued or know about these types of insurance what can you tell me about them?
thank you in advance
macafee2
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Ian - Even before the event insurance will only cover legal action if the probability of a win is greater than 50%.
I suspect "After the Event" insurance will only be obtainable where the probability of a win is closer to 100% and it will be very costly.