Legal expenses insurance is a worthwhile investment for those who want the financial assurance in regards to future legal costs. However, this often expensive insurance is already included in other polices.
Are Already Covered?
Before buying legal expenses insurance (or any kind of insurance) make sure your car and house insurance policies don’t already include it. Some professional companies also offer free legal advice, so check to see if you are able to receive that too
Make Sure Not To Over-Insure
When purchasing legal expenses insurance, make sure not to over-insure. Certain policies ask for classification as ‘you’ being the person named as the policyholder in the schedule. However, many policies often include partners and members of the family while only asking for the name of one policy holder. For these policies you and your partners and/or family will be covered, so you won’t need to take out other policies to cover them.