This policy covers the legal costs of pursuing or defending certain classes of legal action where the Insured has a reasonable prospect of success.
It is not a substitute for liability insurance policies but complements them by providing additional cover, such as legal pursuit costs. Legal pursuit costs cover the cost of legally enforcing the Insured’s rights against those who have harmed the Insured. A legal advice service is also automatically included.
The Cover
The cover provided by the policy is found in eight sections:
1. Criminal defence for the Insured
Significant Exclusions include:
Use or ownership of vehicles, aircraft or watercraft
Allegations of murder or culpable homicide
Offences against the person including offences of a sexual nature
Drugs, alcohol, indecent or obscene materials
Immigration
Income Tax
Deliberate wrongdoing including fraudulent or dishonest acts
2. Criminal defence for the employees
Significant Exclusions include:
As per exclusions reflected above
Cover is limited to wrongdoing in the course of their employment
3. Pursuing others for physically damaging the Insured’s business premises or owned goods
Significant Exclusions include:
The goods are limited to those at the Insured’s business premises, or elsewhere for the purposes of installation
Goods in Transit
Contractual Disputes
Goods hired from or lent to third parties
4. Tenancy disputes for both defence and pursuit in terms of breach of lease or tenancy agreement between the Insured and their landlord or tenant
Significant Exclusions include:
Non-payment of rent
Disagreements over renewal of the lease
5. Statutory Licence Protection – appeals against the suspension, revocation, alteration of terms or refusal to renew a Statutory Licence
Significant Exclusions include:
New licence application
Vehicles
Alterations of terms or refusal to renew caused by a change in legislation
Licence applications where the Insured has had previous disputes on that licence prior to the inception of this Policy
6. Defence at an inquiry
Significant Exclusions include:
Routine supervision by a professional, statutory or official body
Investigation of industry-wide violations
7. Injury to employees
Significant Exclusions include:
Cover is limited to losses where someone other than the Insured is being sued
8. Contractual disputes between the Insured and their customer
Significant Exclusions include:
Recovery of undisputed debt
Contracts related to vehicles
Licensing and property rental disputes
Employment contracts
Fixed property
Construction contracts
Computer software
Subject to a 90-day waiting period
A choice of two indemnity limits are offered
1. R1 000 000 any one claim with an annual aggregate of R2 500 000 2. R2 000 000 anyone claim with an annual aggregate of R5 000 000
Camargue’s unique M³ approach to insurance is geared towards managing, mitigating and migrating critical business risks – an outcome achieved through the provision of value-added risk benefits to policyholders. Notwithstanding the coverage provided in terms of the policy, the additional risk management benefits further enhance the Camargue product offering and go beyond simple insurance. The overall result is a well-rounded and complete solution to the risks faced by businesses.
Risk Management Services included in the Policy cover:
Private Arbitration Services Offered through TOKISO Dispute Settlement – this service works towards fast, equitable resolution of disputes between the insured and their clients. As far as possible court proceedings are avoided saving time, money and more importantly reputation
Crisis Communication Skilled support in managing public relations crises and avoid online media disasters
Cyber Vulnerability Scan (CVS) - A vulnerability scan is an inspection of the potential weaknesses in the security of a computer network. The CVS only requires the details of your externally facing internet protocol (“IP”) addresses, in order to examine for known vulnerabilities. Therefore it sees only what an outside intruder would see (like your locks, alarm and motion detectors) and tests the perimeter security – with no work required by you. Download our CVS Brochure here.
Important Documents:
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