Is there also a legal expenses insurance without waiting period?
Many people only think about legal expenses insurance when they need it. And by then it is actually too late. Many insurers apply a waiting period to legal expenses insurance, which means that you are not covered immediately when you take out the insurance. But is there a legal expenses insurance without a waiting period?
What does waiting period for legal expenses insurance mean?
With a waiting period, you cannot immediately call upon your legal expenses insurance as soon as you take it out. Suppose you take out a legal expenses insurance on the 1st of July and get involved in a nasty conflict with your employer at the beginning of October. The policy conditions of your legal expenses insurance state that you have a waiting period of six months. In that case, you cannot claim your legal expenses insurance yet, because you are still in the waiting period. The waiting period varies per insurer, but it is usually 3 to 6 months.
Why is there a waiting period?
Insurers apply a waiting period, because they do not want to offer legal expenses insurance in case of ongoing or foreseeable conflicts. In that case, you should have already taken out insurance, not just when you need it. Otherwise, you might get fired on Monday and take out legal expenses insurance on Tuesday. Only to cancel it again as soon as the issue is resolved. In this way you actually abuse the insurer. To counteract risk and to guarantee more certainty, insurers therefore apply a waiting period.
In addition, your legal assistance insurance does not provide cover for foreseeable conflicts. This means that you cannot make a claim on your legal assistance insurance for conflicts that you can already see coming, such as an announced reorganisation.
Insurers without waiting time
Some insurers now offer legal expenses insurance without a waiting period. That is of course very attractive, you are then immediately insured. However, there are usually a number of conditions attached to legal expenses insurance without a waiting period. For example, even in the case of legal expenses insurance without a waiting period, ongoing conflicts are excluded from coverage. So even then it makes no sense to take out legal expenses insurance on the day you are fired. In fact there is no difference in terms of ongoing conflicts with a legal expenses insurance with a waiting period.
Take out legal expenses insurance without waiting
Want to get legal expenses insurance with no waiting period? You can do so through Alpina! With our online comparison tool, you can easily compare insurers to find legal expenses insurance with no waiting period. But don't just focus on that. It's all about choosing the right insurance and the right module. This way you can be sure that you are properly insured the moment you unexpectedly need legal help.
Fill in your details in our online tool and choose which modules you want to switch on. You will then receive an indication of the monthly premium. As soon as you have chosen the best legal expenses insurance, with or without waiting period, you can easily conclude the policy online.
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