Hi. Welcome to Costs Cover.
Costs Cover provides Lawyers with an insurance solution to mitigate the risk of losses associated with claims against professional fees. The product is built on the principle that Lawyers are not intentionally or unnecessarily billing excessive costs. Rather, Costs Cover provides a solution for practices to protect themselves against differing, subjective opinions as to what constitutes fair, reasonable and proportionate costs.
Defence costs from an independent solicitor
Independent Expert witness
Nil excess for successfully defended claims
Retroactive policy inception date
Costs Cover will give lawyers the ability to outsource the financial and personal disturbance associated with the process of defending and responding to a Costs Assessments. An independent panel member will represent you while you continue to focus on managing your legal practice. And in the event of an adverse determination, your Costs Cover policy will respond to ease the financial burden of repaying those professional fees already received.
To download the product Fact Sheet click here.