We don’t always have to put up posts relating to business insurance, sometimes there are things in the news that do have a very small, indirect affect on policies.
One of these is the super injunction that everyone’s favourite (not) Sunday morning, jug eared journo, Andrew Marr has just admitted to. Now, the question is, did he admit to it, because it was going to be over turned, or did he do it because he was genuinely embarrased that he resorted to the measure that most journalists think is wrong? Of course, it may be one of the papers were about to blab, maybe his loyal wife found out and said you have to go the press with this.
Whether we dislike him or not, the problem is that being sanctimonious has destroyed any shred of credibility that he had. He did not of course do this on a Saturday, it was just sneaking through a little bit. So the question is, if someone threatens to go to the press about your business, and you are concerned that it will affect your trading, can you claim on a commercial legal expenses insurance cover?
The answer is, as you would probably have guessed, no. But, many business insurance policies do have legal advice helplines. You can therefore at least speak to someone, usually a qualified solicitor, to get some decent, sensible advice.
If you do not have legal expenses, it is worth having, speak to your broker to see how much this can cost to add to your policy.