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What does the employment disputes indemnity insurance offered as part of package do and how does it work?

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What does the employment disputes indemnity insurance offered as part of package do and how does it work?

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The policy will cover the costs of tribunal awards and/or cost of settlements agreed as a result of conciliation proceedings arising in respect of a dispute with a previous, existing or prospective worker. It also covers the legal fees incurred by us in handling an employment dispute and any third party costs or disbursements incurred. Please note that not all employment awards are covered by the policy. The level of cover will have been selected by you at the time of purchase and will be stipulated in your insurance cover note. This will include the applicable excess and limit of indemnity in respect of each and every claim. It is a condition of the insurance that you follow our advice. A full policy wording showing terms and condition is available if requested.

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