Common use of Insurance Policy Clause in Contracts

Insurance Policy. Under the terms of your CFA, you do not bear any risk of paying any of our costs if you do not win your claim. If you win your claim, you are liable only to pay the success fee. However, win or lose, you are responsible for the payment of any disbursements that are incurred in the case and in some circumstances, even if you win (mainly if you fail to ‘beat’ a defendant’s offer to settle your claim), you can end up with a liability for some of the defendant’s costs. Insurance policies are available to protect you against this risk. Under these policies the insurer will usually reimburse you for any expenses if you do not win the case (the defendant will reimburse you if you win – see below) and will pay your opponent's solicitors' fees andexpenses if you end up with a liability to pay any because you fail to beat an offer made by the defendant. Penningtons Manches has an agreement with DAS to use an insurance policy which they provide for personal injury cases called DAS Law Assist. As such, we can issue you with an insurance policy without having to make an application to the insurer. The policies have agreed fixed premiums depending on the type of case. A further benefit is that the premiums are deferred and insured so if you win the premium is not payable until you have recovered damages and if you lose you will not have to pay the premium at all. Under our arrangement with the insurer we have agreed that all personal injury cases will be insured through this scheme. Because this spreads the risk for the insurer, it keeps the cost of the premiums down. It also means that we can issue your policy immediately on signing the CFA. This protects you against liability for any defendant’s costs and your expenses right from the outset of your case. We are required to tell you whether we have a financial interest in recommending this insurer and we confirm that we do not. However, we have agreed with DAS to only offer the LawAssist product for personal injury cases. We are aware of other after the event insurance products in the market and believe that the LawAssist product provides the = required protection at a competitive rate. We do not carry out a detailed analysis of the other products available. Our agreement to use this policy enables us to have the benefit of the delegated authority scheme to offer to our clients.

Insurance Policy. Under the terms of your CFA, you do not bear any risk of paying any of our costs if you do not win your claim. If you win your claim, you are liable only to pay the success feefee and as described below, a shortfall on our costs. However, win or lose, you are responsible for the payment of any disbursements that are incurred in the case and in some circumstances, even if you win (mainly if you fail to ‘beat’ a defendant’s offer to settle your claim), you can end up with a liability for some of the defendant’s costs. Insurance policies are available to protect you against this risk. Under these policies the insurer will usually reimburse you for any expenses if you do not win the case (the defendant will reimburse you if you win – see below) and will pay your opponent's solicitors' fees andexpenses and expenses if you end up with a liability to pay any because you fail to beat an offer made by the defendant. Penningtons Manches Xxxxxx has an agreement with DAS Xxxxxx (an industry recognised insurance provider), to use an its ‘Clinical Negligence JAG’ insurance policy policy, which they provide it provides for personal injury clinical negligence cases called DAS Law Assistand has delegated authority to issue those policies. As such, This means that we can issue you with an insurance your policy immediately upon signing the CFA without having to make an application apply to the insurer. The policies have agreed fixed premiums depending on This protects you against liability for any defendant’s costs, and your expenses, from the type outset of your case. A further benefit is that the premiums are deferred and insured so insured. This means that if you win your case the premium is not payable until you have recovered damages and if you lose you will not have to pay the premium at all. Under our arrangement with the insurer we have agreed that all personal injury cases will be insured through this scheme. Because this spreads the risk for the insurer, it keeps the cost of the premiums down. It also means that we can issue your policy immediately on signing the CFA. This protects you against liability for any defendant’s costs and your expenses right from the outset of your case. We are required to tell you whether we have a financial interest in recommending this insurer and we confirm that we do not. However, we have agreed there are a number of such insurance products on the market, all of which operate in different ways and with DAS to only offer different formulas for calculating the LawAssist product for personal injury casespremium payable. We are aware of other after the event have decided to use one insurance products in the market and believe that the LawAssist product provides the = required protection at a competitive rateprovider, Xxxxxx. We do not carry out a detailed analysis of the other products availableavailable or comparative premiums. Our agreement with Xxxxxx to use this policy enables gives us to have the benefit of the delegated authority scheme to scheme, which we can then offer to our clients.. So, to that extent, we have an interest in using this policy. In your case we are recommending the Clinical Negligence JAG policy because it offers fixed premiums for cover for cases. The certainty of a fixed premium means that you will know your liability to the insurer if you win your case and we think it likely that the premium in your case will be lower than those calculated according to the exposure that the insurer has in the case. Full details of the policy terms and cover are in the client documentation that we will send to you. Unlike most insurance policies, you do not need to pay a premium when you take out your policy and if you do not win your case, no premium is payable. If your case is successful, the insurance premium becomes due. It is calculated at the end of the case according to the damages that you recover. Insurance premium tax (IPT) is also payable and may be subject to change, depending upon the rate set by the Government. IPT is calculated based upon the applicable rate at the time the premium becomes payable. The premium is divided into two parts:

Insurance Policy. Under the terms of your CFA, you do not bear any risk of paying any of our costs if you do not win your claim. If you win your claim, you are liable only to pay the success feefee and possibly, in limited circumstances as described below, a shortfall on our costs. However, win or lose, you are responsible for the payment of any disbursements that are incurred in the case and in some circumstances, even if you win (mainly if you fail to ‘beat’ a defendant’s offer to settle your claim), you can end up with a liability for some of the defendant’s costs. Insurance policies are available to protect you against this risk. Under these policies the insurer will usually reimburse you for any expenses if you do not win the case (the defendant will reimburse you if you win – see below) and will pay your opponent's solicitors' fees andexpenses and expenses if you end up with a liability to pay any because you fail to beat an offer made by the defendant. Penningtons Manches Xxxxxx LLP (“we”) has an agreement with DAS Xxxxxx (an industry recognised insurance provider), to use an their ‘Amethyst Gilt-edged’ insurance policy policy, which they provide for personal injury clinical negligence cases called DAS Law Assistand has delegated authority to issue those policies. As such, This means that we can issue you with an insurance your policy immediately upon signing the CFA without having to make an application apply to the insurer. The policies have agreed fixed premiums depending on This protects you against liability for any defendant’s costs, and your expenses, from the type outset of your case. A further benefit is that the premiums are deferred and insured so insured. This means that if you win your case the premium is not payable until you have recovered damages and if you lose you will not have to pay the premium at all. Under our arrangement with the insurer we have agreed that all personal injury cases will be insured through this scheme. Because this spreads the risk for the insurer, it keeps the cost of the premiums down. It also means that we can issue your policy immediately on signing the CFA. This protects you against liability for any defendant’s costs and your expenses right from the outset of your case. We are required to tell you whether we have a financial interest in recommending this insurer and we confirm that we do not. However, we have agreed there are a number of such insurance products on the market, all of which operate in different ways and with DAS to only offer different formulas for calculating the LawAssist product for personal injury casespremium payable. We are aware of other after the event have decided to use one insurance products in the market and believe that the LawAssist product provides the = required protection at a competitive rateprovider, Xxxxxx. We do not carry out a detailed analysis of the other products availableavailable or comparative premiums. Our agreement with Xxxxxx to use this policy enables gives us to have the benefit of the delegated authority scheme to scheme, which we can then offer to our clients.. So, to that extent, we have an interest in using this policy. In your case we are recommending the Amethyst Gilt- edged policy because it offers fixed premiums for cover for cases. The certainty of a fixed premium means that you will know your liability to the insurer if you win your case and we think it likely that the premium in your case will be lower than those calculated according to the exposure that the insurer has in the case. Full details of the policy terms and cover are in the client documentation that we will send to you. Unlike most insurance policies, you do not need to pay a premium when you take out your policy and if you do not win your case, no premium is payable. If your case is successful, the insurance premium becomes due. It is calculated at the end of the case according to the damages that you recover. Insurance premium tax (IPT) is also payable and may be subject to change, depending upon the rate set by the Government. IPT is calculated based upon the applicable rate at the time the premium becomes payable. The premium is divided into two parts:

Insurance Policy. Under the terms of your CFA, you do not bear any risk of paying any of our costs if you do not win your claim. If you win your claim, you are liable only to pay the success fee. However, win or lose, you are responsible for the payment of any disbursements that are incurred in the case and in some circumstances, even if you win (mainly if you fail to ‘beat’ a defendant’s offer to settle your claim), you can end up with a liability for some of the defendant’s costs. Insurance policies are available to protect you against this risk. Under these policies the insurer will usually reimburse you for any expenses if you do not win the case (the defendant will reimburse you if you win – - see below) and will pay your opponent's solicitors' fees andexpenses and expenses if you end up with a liability to pay any because you fail to beat an offer made by the defendant. Penningtons Manches has an agreement with DAS to use an insurance policy which they provide for personal injury cases called DAS Law Assist. As such, we can issue you with an insurance policy without having to make an application to the insurer. The policies have agreed fixed premiums depending on the type of case. A further benefit is that the premiums are deferred and insured so if you win the premium is not payable until you have recovered damages and if you lose you will not have to pay the premium at all. Under our arrangement with the insurer we have agreed that all personal injury cases will be insured through this scheme. Because this spreads the risk for the insurer, it keeps the cost of the premiums down. It also means that we can issue your policy immediately on signing the CFA. This protects you against liability for any defendant’s costs and your expenses right from the outset of your case. We are required to tell you whether we have a financial interest in recommending this insurer and we confirm that we do not. However, we have agreed with DAS to only offer the LawAssist product for personal injury cases. We are aware of other after the event insurance products in the market and believe that the LawAssist product provides the = required protection at a competitive rate. We do not carry out a detailed analysis of the other products available. Our agreement to use this policy enables us to have the benefit of the delegated authority scheme to offer to our clients. In your case we are recommending the LawAssit policy because it offers fixed premiums for cover for cases. We think that the certainty of a fixed premium means that you know your liability. Full details of the policy terms and cover are in the client documentation that we will send to you. Unlike most insurance policies, you do not need to pay a premium when you take our policy and if you do not win your case, no premium is payable. We will inform you which premium applies to your case. The following premium rates apply to personal injury cases: Motor premiums are set at the point of policy inception and are fixed. Fast Track Multi Track Portal Pre Issue Pre Issue Motor £75 £150 £900 Non-Motor cases are insured at the inception rate. If they begin as Portal cases they will be increased to the relevant Pre-Issue premium rate (subject to track) should the case progress out of the Portal. Fast Track Multi Track Portal Pre Issue Pre Issue Non-Motor £150 £350 £1500 Trip/Slip £150 £1500 £2500 Industrial Disease £150 £1950 £3000 Mesothelioma £150 £1950 £3000 All premiums exclude Insurance Premium Tax (IPT). This will be added to the policy cost.

Insurance Policy. Under the terms of your CFA, you do not bear any risk of paying any of our costs if you do not win your claim. If you win your claim, you are liable only to pay the success feefee and possibly, in limited circumstances as described below, a shortfall on our costs. However, win or lose, you are responsible for the payment of any disbursements that are incurred in the case and in some circumstances, even if you win (mainly if you fail to ‘beat’ a defendant’s offer to settle your claim), you can end up with a liability for some of the defendant’s costs. Insurance policies are available to protect you against this risk. Under these policies the insurer will usually reimburse you for any expenses if you do not win the case (the defendant will reimburse you if you win – see below) and will pay your opponent's solicitors' fees andexpenses and expenses if you end up with a liability to pay any because you fail to beat an offer made by the defendant. Penningtons Manches Xxxxxx has an agreement with DAS Xxxxxx (an industry recognised insurance provider), to use an its ‘Clinical Negligence JAG’ insurance policy policy, which they provide it provides for personal injury clinical negligence cases called DAS Law Assistand has delegated authority to issue those policies. As such, This means that we can issue you with an insurance your policy immediately upon signing the CFA without having to make an application apply to the insurer. The policies have agreed fixed premiums depending on This protects you against liability for any defendant’s costs, and your expenses, from the type outset of your case. A further benefit is that the premiums are deferred and insured so insured. This means that if you win your case the premium is not payable until you have recovered damages and if you lose you will not have to pay the premium at all. Under our arrangement with the insurer we have agreed that all personal injury cases will be insured through this scheme. Because this spreads the risk for the insurer, it keeps the cost of the premiums down. It also means that we can issue your policy immediately on signing the CFA. This protects you against liability for any defendant’s costs and your expenses right from the outset of your case. We are required to tell you whether we have a financial interest in recommending this insurer and we confirm that we do not. However, we have agreed there are a number of such insurance products on the market, all of which operate in different ways and with DAS to only offer different formulas for calculating the LawAssist product for personal injury casespremium payable. We are aware of other after the event have decided to use one insurance products in the market and believe that the LawAssist product provides the = required protection at a competitive rateprovider, Xxxxxx. We do not carry out a detailed analysis of the other products availableavailable or comparative premiums. Our agreement with Xxxxxx to use this policy enables gives us to have the benefit of the delegated authority scheme to scheme, which we can then offer to our clients.. So, to that extent, we have an interest in using this policy. In your case we are recommending the Clinical Negligence JAG policy because it offers fixed premiums for cover for cases. The certainty of a fixed premium means that you will know your liability to the insurer if you win your case and we think it likely that the premium in your case will be lower than those calculated according to the exposure that the insurer has in the case. Full details of the policy terms and cover are in the client documentation that we will send to you. Unlike most insurance policies, you do not need to pay a premium when you take out your policy and if you do not win your case, no premium is payable. If your case is successful, the insurance premium becomes due. It is calculated at the end of the case according to the damages that you recover. Insurance premium tax (IPT) is also payable and may be subject to change, depending upon the rate set by the Government. IPT is calculated based upon the applicable rate at the time the premium becomes payable. The premium is divided into two parts: