Demands and Needs Statement. Before providing you with quotations, we establish an understanding of your insurance requirements. On the basis of the information you provided to us, your demands and needs have been assessed and are shown separately to this agreement, in your quotation document, renewal notice/report or other applicable document. Please inform us if you do not agree with the Demands and Needs Statement.
Demands and Needs Statement. Our understanding of your demands & needs
Demands and Needs Statement. On the information currently available to us, we believe that a contract of insurance with Temple Legal Protection Limited is appropriate. This advice is not based on a fair analysis of the after the event insurance market as we do not hold ourselves out as insurance brokers but is based upon a regular review of the market to identify the most appropriate insurance policy to cover your disbursements in the event that you lose. In addition, the policy covers opponent’s costs in certain circumstances, such as arising from pre-action disclosure applications and interlocutory appeals. Despite the rules in relation to Qualified One Way Cost Shifting (QOCS) there remains a significant risk that you could lose some or all of your damages if you fail to beat a Part 36 Offer. We believe that a contract of insurance with Temple Legal Protection Limited is appropriate because: • Temple Legal Protection Limited is a reliable insurer and is known as a market leader • The insurer is financially sound and is based within England • Temple are known to genuinely pay out on claims • The Financial Services Compensation Scheme will apply • The cover provided is comprehensive • The premium reflects the category of risk • The premium is paid at the end of the case • The premium is self - insured and so need not be paid if the claim is unsuccessful • It is a delegated authority scheme that enables us to obtain insurance cover on your behalf immediately. How to contact us 00000 000000 xxxxxxx@xxxxxxxxxxxxxx.xxx 01553 666600 xxxxxxxxx@xxxxxxxxxxxxxx.xxx 01366 383171 xxxxxxx@xxxxxxxxxxxxxx.xxx 01354 602880 Under our agreement with Temple, when we enter into a CFA with a client for claims that fall within certain parameters, the client is required to enter into an ATE policy of insurance with Temple. While we have not undertaken a market review, we believe that the policy represents a very reasonable premium for the cover given. We have no financial interest (whether direct or indirect) in Temple’s scheme. Our interest is merely for the benefit of our clients and also for administrative convenience in not having to submit one – off proposal forms and report to the insurers at regular stages whilst a claim is being progressed. Qualified One Way Costs Shifting (Personal Injury Cases only, excluding Medical Negligence) The general rule is that the Defendant’s costs are not payable by a Claimant whose case is unsuccessful. However, there are exceptions. The Defendant can recover costs a...
Demands and Needs Statement. This policy meets the demands and needs of those who wish to insure against the cost of repairing or replacing a bicycle in the event of accidental damage, theft or breakdown, and against the risk of personal accident or a public liability claim against them. Some customers may have existing cover as part of a packaged bank account or limited cover as part of a Home Insurance Policy. To avoid purchasing dual cover, we recommend that you check you do not have cover elsewhere. We will endeavour to issue your policy documentation on the day you arrange cover through us however in any case, within 5 working days from the date of purchase. In the event of your purchase being made outside of normal office hours your documentation will be issued on the next working day.
