LEI for Corporations
Situations that can lead to legal action for small to medium sized businesses are very common. Commercial Legal Expense Insurance (CLEI) is designed for companies with annual gross sales of and/or receipts of $10,000,000 or less that do not typically have legal services on staff.
A Complete Service
Given the high cost of retaining a lawyer, these companies are often put in a position where they have to choose between jeopardizing their financial bottom line by incurring heavy legal expenses, or risking financial difficulty, even bankruptcy and closure, by failing to have proper legal representation.
More than a policy, CLEI is a complete service that gives companies immediate access to a lawyer, selected from an expert panel, whenever they need it. CLEI covers matters NOT covered by commercial liability insurance.
There are various legal expense insurance products for small to medium sized businesses and corporations offering protection against civil and/or criminal matters in Canada.
See the categories below for more information on the available products.
Colleges
LEI for Colleges is available to all Educational Colleges throughout Canada. It provides for the payment of legal fees incurred in defending charges of criminal negligence brought pursuant to the Criminal Code.
Municipalities
LEI for Municipalities is available to all Municipalities throughout Canada and provides for the payment of legal fees incurred in defending charges of criminal negligence brought pursuant to the Criminal Code.
Small Business
LEI for small and medium-sized business is specifically designed for companies with annual gross sales of and/or receipts of $10,000,000 or less that do not typically have legal services on staff.