Glossary entry

English term or phrase:

“After The Event” Legal Expense policies

Spanish translation:

pólizas de defensa jurídica (contratadas con posterioridad al siniestro)

Added to glossary by EirTranslations
Aug 22, 2012 10:31
12 yrs ago
English term

“After The Event” Legal Expense policies

English to Spanish Law/Patents Insurance
Pls note this is one term. For a reinsurance booklet, pls see below thanks I understand this could simply be pólizas de gastos legales "tras el evento" but could not find any info on this, help appreciated

Loss Mitigation, Known Loss, Hostile Takeover, Aborted Bid, Representations and Warranties, Tax Opinion Liability, Prospectus Liability, “After The Event” Legal Expense policies written as stand alone policy/policies.
“Stand alone” shall mean separate policy/policies protecting wholly and exclusively Loss Mitigation, Known Loss, Hostile Takeover, Aborted Bid, Representations and Warranties, Tax Opinion Liability, Prospectus Liability, “After The Event” Legal Expense policies only.

Proposed translations

+2
9 hrs
Selected

pólizas de defensa jurídica (contratadas con posterioridad al siniestro)

"What exactly is legal expenses cover?
There are two main varieties of legal expenses cover and it's important to be aware of the distinction when you're looking at whether a policy add-on is worth paying for:

Before the event cover
Most legal expense policies give you cover that will assist you if you need to make a claim in the future - be it a personal injury claim or after car accident.

They are unlikely to cover any legal disputes you're currently embroiled in, or any events that occurred before you took the policy.

It’s this type of cover that is often added to home and car insurance policies as an added extra.

***After the event cover***
You can take out an insurance policy that covers you against losing a legal case you're currently involved in, or for a legal claim that you're about to pursue.

This is considered to be after the event cover, as you would only need to consider this type of insurance if you were already pursuing a legal case against someone, were being sued by someone, or had experienced an event that you wanted to claim for.

This type of legal expenses cover is not usually available as an insurance policy add-on but is instead offered by specific insurance brokers at a significantly greater cost."

Read more: http://www.money.co.uk/article/1006925-are-you-wasting-money...

http://www.ocu.org/dinero/nc/informe/seguros-de-defensa-juri...

http://www.seguros.es/guias/tipos-coberturas/defensa-juridic...

--------------------------------------------------
Note added at 9 hrs (2012-08-22 19:48:37 GMT)
--------------------------------------------------

Véase "legal expenses/defensa jurídica" en el siguiente texto bilingüe:

http://eur-lex.europa.eu/Notice.do?mode=dbl&lang=en&ihmlang=...
Peer comment(s):

agree jacana54 (X) : Lo entiendo así también. Incluso se podrían sacar los paréntesis. Saludos!
15 mins
Thx Lucia :o)
agree Claudia Luque Bedregal : Buenas referencias. ¡Saludos!
3 hrs
Te agradezco el comentario Claudia.
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "thx"
1 hr

políticas (en materia) de gastos legales post-evento

Una opción
Something went wrong...
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search