AFTER THE EVENT INSURANCE ATE LEGAL EXPENSES INSURANCE LEI
Most personal injury claims are made against the person who was negligent or their employers however it must always be remembered that for a claim to make financial sense the proposed defendant must be either insured or in a financially stable position and be able to satisfy any agreement for settlement or any damages awarded in a court case. If a claim does go to court there is always the possibility that the claimant will lose his case and the legal costs of defendant could be awarded against the claimant. It is in these circumstances that the claimant needs to be financially protected against such an eventuallity, which our lawyers deal with by way of a type of Legal Expenses Insurance (LEI) otherwise known as After The Event insurance (ATE).
One question which is of concern, not only to proposed claimants but also to the lawyers acting on their behalf is what happens if the claimant loses their case. Under normal circumstances, if legal proceedings have been issued in a court of law and the claimant loses then a judge will order the claimant to pay all of the defendant’s legal costs which at the end of a trial can be very considerable. Our solicitors can get round this potential financial hurdle to the issue and pursuit of legal claims by using Legal Expenses Insurance (LEI) and they take out a policy of After The Event (ATE) insurance which indemnifies a claimant against losing and in the event of a lost case will pay all of the defendant’s costs awarded by the judge. Our solicitors pay for this cover for the claimant themselves although in certain circumstances it may not be necessary if the claimant already has Legal Expenses Insurance (LEI) cover included in any existing policy of insurance that they already have.
Our solicitors arrange LEI cover through our specialist sister company which has over 20 years experience of After The Event (ATE) insurance and also provides ATE insurance to many other legal firms situated throughout the country. Any solicitors who are reading this are very welcome to contact us for an ATE insurance quotation on an individual basis for any proposed future legal action.
Almost all cases that lawyers pursue are ones where the proposed defendant is actually insured however in regards to some claims it is still possible to pursue a claim even where the proposed defendant is uninsured. It is possible to get an order for the sale of property or an ‘attachment of earnings’ order which deducts a proportion of the defendant’s wages and pays it to the victim which will ensure that the victim is paid in due course.
The UK Occupational Illness Solicitors Network operates nationwide and will deal with compensation claims using the no win no fee scheme. Compensation is always paid in full with absolutely no deductions and there is no need to finance your claim. If the case is lost you still pay nothing. Your claim will be assessed in detail at no cost to you and if after talking to us you decide not to take matters further then you are under no obligation to do so and you will not be charged for our advice.
