Arag provides cover for property specialist
Property insurance specialist Deacon has launched a new legal expenses policy in conjunction with niche legal insurance provider Arag.
The product is for residential management companies with features that include protection for tax, property, compliance and regulation, contract and debt recovery, and employment disputes and compensation awards.
Penny Jepson, head of business at Deacon said: "The Legal Expenses policy is a natural addition to our comprehensive range of specialist risk and insurance-related products for residential management companies. The Arag cover is both comprehensive and cost-effective – we particularly liked the fact it is tailored to the meet the needs of the market and offers two times the usual legal expenses cover. We were also impressed by the legal services website, which is very straightforward and easy to use.”
The special legal services website, Legal Document Max, has been designed to meet general business needs, allowing unlimited free access to interactive documents such as employment contracts and health & safety documentation.
Andy Talbot, sales manager at Arag said: "The Deacon Legal Expenses policy was specifically designed to offer very broad cover but at an extremely competitive price. Issues of particular relevance to residential management companies include providing legal assistance if there are disputes with contractors; cover for nuisance and trespass claims; health and safety defence; and tax or employment disputes."
Deacon is part of the property and commercial division of Erinaceous Insurance Solutions, which includes Keelan Westall, Cadogan Keelan Westall, Cadogan Hanover Park (SaifInsure, Truckinsure, Plastech, Performance Insurance), Farr, BIBALet and CareAssured.
