Cover for fines, penalties and legal costs
Statutory Liability insurance provides coverage for businesses against legal liabilities arising from breaches of various acts of legislation. Examples of this can include violations of regulations related to health, safety and environmental laws.
By investing in this coverage, businesses can protect themselves from significant fines, penalties and legal costs, ensuring they remain compliant and financially secure in an increasingly regulated environment.
Our Statutory Liability product can be purchased as a standalone policy or packaged as part of DUAL's Evolution policy.
Statutory Liability and supplementary legal expenses can be purchased as a standalone policy or as a part of the evolution suite of products including D&O, EPL, tax audit and crime insurance.
Key coverage
- Fines and penalties cover
- Legal costs
- Investigations cover
- Advancement of defence costs
- Work health & safety defence costs
- Enforceable undertakings cover (optional
Target market
We have a broad target market for all private companies and public listed companies - including manufacturers, white collar industries, blue collar industries, retail and IT.
Evolution
Statutory Liability can be purchased as a standalone policy or as a part of the Evolution suite of products, including Directors & Officers, Employment Practices Liability, Tax Audit and Crime Protection.
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Dedicated underwriting teams
To discuss a risk, please reach out to our Financial Lines specialty underwriting team.