Commercial Legal Protection
What is commercial legal protection?
Commercial legal protection, also known simply as legal protection, is a type of insurance that provides cover from any legal action that may be taken against you and your business.
If you are ever required to defend yourself against legal proceedings, this type of policy will cover the costs and court expenses that may be incurred (these can often be unexpectedly high). It will also cover any compensation awarded as a result of the court proceedings.
Why is it important?
Commercial legal protection is regarded by many as standard good practice in today’s modern litigious environment. Legal action and court cases, particularly for small businesses, can be costly. So it is essential for smaller establishments, especially those specialising in the childcare industry, to take steps to protect themselves against any legal issues that may be brought against them.
What is covered by this policy?
By taking out commercial legal protection with dot2dot, your nursery’s legal costs will be covered for the following areas:
- Employment Disputes and Compensation Awards
- Legal Defence
- Statutory Licence Protection
- Contract Disputes
- Debt Recovery
- Property Protection and Bodily Injury
- Tax Protection
Getting additional help from Croner-i
Not all small business owners are well-versed in all aspects of commercial legal issues. The whole process can be rather expensive and time-consuming, and it can be tricky to keep everything in line.
To ensure that it runs as smoothly as possible, dot2dot has partnered with Croner Solutions so that you can have access to the Croner-i Management Toolkit. This additional tool provides specialist legal advice that can be accessed at any time (there’s 24-hour online support).
For more information on commercial legal protection for nurseries, or to discuss a bespoke insurance package, please get in touch with a member of our team today.