A relatively new insurance against the increasingly hostile world of claims and investigations is now available through H&H Insurance Brokers. Called Rural Protect, the policy is designed to provide insurance protection for both Civil and Criminal actions brought against you or your business by covering all your legal defence costs. This would include for example, the legal costs in defending you or your business , against investigations from any one of a number of regulatory bodies, or accusations from other farmers, customers, suppliers or employees.
Philip Pagin, Rural Sales Manager at H&H Insurance Brokers, says: “The financial and legal risks facing the rural community have never been greater. Customers, employees and suppliers are increasingly willing and able to make claims, and investigations by UK regulators including the HSE, Environment Agency and HMRC are more robust and commonplace than ever before.”
Rural Protect is designed to meet costs associated with many key public bodies and their investigations. These include DEFRA, The Police, The Local Authority Planning Department, Environmental Health and Health and Safety, the HSE, HMRC – covering Tax, PAYE, NIC, Employer Compliance and VAT, the UK Border Agency (Immigration), the RSPCA, the DVLA, the Forestry Commission, the MOD (wind farms), Parish Councils and the Planning Appeals Inspectorate.
Protection for Directors of Limited companies has been available for many years; uniquely Rural Protect also covers Farm Partnerships and Sole Traders. Philip says: “Now all types of farming and rural businesses can be protected against the increasing litigation and regulation they face.”
The policy covers legal costs, awards or settlements for any claim or regulatory action brought against any past, present or future director, partner, owner or employee. It covers all regulators in the UK. Any professional fees incurred in defending an allegation are covered e.g. forensic accountants, mechanics, access to PR expertise and costs in the event of an incident.
Philip concludes: “The policy has been developed by the rural insurance specialists at HB Underwriting, in partnership with leading UK and global insurer, AXA, to fill a significant gap in the rural insurance market. The policy is underwritten by AXA Insurance UK plc.”
All investigation and defence costs are covered, plus awards and it provides access to rradar www.rradar.com which is a specialist law firm providing a risk management service to underpin the policy.
To find out more about liability insurance for farmers or for a free quotation, contact the dedicated Rural Protect insurance team at H&H Insurance Brokers on 01228 406290 (Carlisle office) or 0191 370 8530 (Durham).