If you are a business working in the building and construction industry, you will almost certainly have been asked to sign various agreements and warranties at some point to win contracts. This requires a completely different set of skills – the ability to wade through pages of small print written in a language that only lawyers understand. Read our PI Guide to Collateral Warranties.
Special legal contracts and warranties are a way of life for many firms these days, especially within the construction professions. There are often important insurance implications buried within these documents which require careful consideration and specialist advice.
Many of the insurance companies we work closely with provide a legal advice service which includes collateral warranties. The service is free to policyholders and the detailed advice will be given by a law firm.
Where the service isn't offered by an insurer, we can normally advise on any PI insurance obligations imposed and, where necessary, involve a specialist lawyer to give a more detailed view and report. Our service is included within our overall remuneration and any lawyer's fees are charged separately. Please contact us for more information.