There are a variety of different forms of insurance that a person can organise for themselves and their businesses. Sometimes in the rush to implement insurance for protection purposes the finer details around the legal implications of the insurance are forgotten.
It is important to consider the ownership structure (beneficial interest) of the insurance so that the intentions you have been actually achieved, and often agreements around these intentions are useful as well.
Prudentia Law provides tailored advice on these legal aspects of peoples’ insurances so that adequate attention is given to the ramifications of how your insurance is structured. Contact us to discuss further.