After the Event Insurance
Covering your opponent's costs if you lose
After the Event Insurance now makes it possible to insure against the risk of covering your opponent's costs. Also, it is possible to have your insurance premium paid by your opponent if you win your case.
Payment of the insurance premium is usually deferred until the conclusion of the case. Then in the event of success it is recoverable from the opponent. Should you lose the case, the policy covers the cost of the premium as one of the solicitor's disbursements.
The limit of indemnity for the after the event insurance can be increased during the case. And the solicitor can select the appropriate limit of indemnity.
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