Axis is pleased to announce the launch of a Legal Expenses product tailored specifically for Doctors and Dentists.

The product covers legal expenses for a wide range of contingencies including employee disputes, disputes arising from commercial contracts, tax audit and partnership disputes.

Individual medical practitioners are not usually covered for Management Liability and have no protection against the heavy burden of legal expenses if they arise. Your clients should be advised that they can now be covered with this Legal Expenses Policy which provides protection against the very high legal fees which can be incurred in a range of disputes.

Real examples of the legal expenses which are covered are;

Employment Dispute: An employee terminated for poor performance instructed Solicitors and issued proceedings at Victorian Equal Opportunity and Human Rights Commission claiming discrimination and bullying. The Doctor is expected to win the case but defence costs could reach $20,000.

Contract Dispute: Dispute over a Contract of Sale of a Medical Practice and alleged breach of the associated restraint of trade. Proceedings were issued against the Doctor for injunction and damages. The defence costs are estimated at $90,000.

Axis has arranged the cover with the Specialist Legal Expenses team at one of Lloyd’s leading Syndicates.

This is the first of a range of Legal Expenses products which Axis plans to roll out during 2014. We can tailor legal expenses solutions for groups and associations with pricing depending on the extent of the cover required. It can be provided as an add-on to other policies or as a stand-alone cover.

If you have a query about Medical and Dental Legal Expenses Insurance or would like to discuss other Legal Expenses solutions for your clients please contact Gary Dawson.