Corporate legal protection insurance
Corporate legal expenses insurance protects companies against the financial consequences of legal disputes. It covers the costs of lawyers, courts, experts and other expenses.
Your protective shield in everyday business life!
Corporate legal protection insurance - what is it?
Legal disputes can cause high costs and take up valuable time. Whether disputes with customers, suppliers or employees - corporate legal protection insurance offers you optimum protection against the financial consequences of such conflicts.
Facts & Figures
FAQ on corporate legal protection insurance
We have summarized the most frequently asked questions about corporate legal protection insurance for you in our FAQ. Our experts will also be happy to provide you with individual advice.
Legal disputes can be very expensive and time-consuming. Corporate legal protection insurance offers financial protection and enables companies to afford competent legal support in the event of a dispute without the costs being a burden on the company.
Cover can vary depending on the policy, but typical areas are
- Compensation legal protection: disputes over compensation claims
- Employment legal protection: disputes with employees, e.g. unfair dismissal claims
- Social court legal protection: disputes with social insurance providers, e.g. pension or accident insurance
- Tax legal protection: disputes with the tax office or in criminal tax proceedings
- Contract legal protection: disputes arising from contracts, e.g. with suppliers or customers
- Criminal legal protection: defense in criminal proceedings in connection with professional activities
- Legal protection for administrative offenses: defense in fine proceedings
As a rule, the following are not covered
- Intentionally caused legal disputes
- Disputes that were known before the insurance was taken out
- Fines and penalties
- Disputes arising from construction projects (special construction legal protection insurance is available for this)
- Disputes in connection with war, civil unrest or nuclear events
- Small and medium-sized enterprises (SMEs): protection against legal disputes in various areas
- Large companies: comprehensive protection against high costs due to complex legal disputes
- Self-employed and freelancers: protection against professional legal disputes
- Tradespeople: Protection against disputes with customers, suppliers or business partners
Yes, there are specialized corporate legal protection insurance policies that are tailored to the specific risks and requirements of different sectors, such as trade, commerce, industry or services.
Yes, many corporate legal protection insurance policies have waiting periods of three to six months before cover comes into effect. This means that disputes that arise during this period are generally not covered.
Some insurers have a network of contract lawyers that they prefer to recommend. As a rule, however, the policyholder has a free choice of lawyer, but must ensure that the lawyer clarifies the assumption of costs with the insurer.
Corporate legal protection insurance only covers legal disputes that arise in connection with the company's professional activities. General legal protection insurance can also cover other areas, such as traffic legal protection or tenancy legal protection for private matters.
Yes, many corporate legal expenses insurance policies also offer international insurance cover, especially for companies that operate worldwide. However, it is important to check the exact conditions in the insurance contract.
Further insurance solutions
In addition to corporate legal protection insurance, we also offer numerous other insurance solutions that could be of interest to you.
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