Commercial Insurance

Legal Indemnities Insurance

Legal Indemnity Insurance financially protects property purchasers or lenders against issues arising on a property title or covenants.

A type of insurance that covers the cost of legal action that may be taken due to a defect with a property you have bought or have lent money for.

Cover includes:

  • Defective Titles including Good Leasehold Title, Lost Title Deeds, Adverse Possession, Outstanding Rights and Easements
  • Restrictive Covenants
  • Chancel Repair Liability
  • Defective Lease including Contingent Buildings Insurance, Absentee Landlord and Maisonette (incorporating seven of the most Common Defects)
  • Flying and/or Creeping Freehold
  • Insolvency Act
  • Lack of Planning Permission and/or Lack of Building Regulation Consent
  • Access and/or Services
  • Searches including cover for Search Delay, Search Validation, No Search and No Search-mortgagee only
  • Contaminated Land – expenses incurred in treating, isolating or removing any substance from the Policyholder’s land in accordance with the requirements of any Statutory Notice

Legal Indemnity Insurance is a one-off payment and lasts for the success of the property.