To assist with the many challenges your business faces, AIM has partnered with ARAG plc to provide Legal Expenses cover.
ARAG are a leading legal expenses provider, offering an extensive range of legal insurance and assistance products and services.
This is included in your Membership as you renew from 1st March 2021. Cover will be detailed in the Essential Business Legal Solutions Schedule and provides professional legal and financial support.
The Main Benefits of the AIM ARAG Essential Business Legal cover are:
- Cover Is provided on the basis that the prospects of success are greater than 51%
- £100,000 limit for each and every claim
- Aggregate limit of £1,000,000 per annum for Employment Compensation Awards
Protection for legal costs arising from:
- Employment disputes & compensation awards
- Employment restrictive covenants
- Tax investigations & VAT disputes
- Legal nuisance, trespass or damage to property
- Legal defence
- Compliance & regulation
- Statutory licence appeals
- Loss of earnings
- Claims involving your executives
- Contract & debt recovery
- Crisis communication for adverse media publication
ARAG can help with the following legal issues :
- A dispute with an employee escalates and can’t be resolved
A notice of an enquiry into the tax or VAT returns of the business is received
A Health & Safety inspection ends with a threat to prosecute the business
A neighbouring business restricts access to the premises
- Legal advice on business matters within UK and EU law: 0344 571 7978
- Redundancy assistance, 9am to 5pm weekdays: 0330 303 1955
- UK tax advice, 9am to 5pm weekdays: 0344 571 7978
- Counselling service: 0333 000 2082
When contacting ARAG please ensure you have your Policy details to hand.
For Members with cover 1st March 2021 – 30 September 2022 Policy Wording here:- Essential Business Legal Solutions Policy Wording
For Members with cover from 1st October 2022 Policy Wording here:-