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terms and conditions

Insurance policy wording

The contractual provisions in an insurance policy are fundamentally different from those in a general commercial contract and it is vitally important that an insurance policy is drafted to ensure that it reflects the risks the client wishes to be insured.

We have extensive experience of drafting, reviewing and negotiating both standard and bespoke policy wording, with particular regard to:

  • Definitions
  • Terms and conditions
  • Warranties
  • Conditions precedent
  • Exclusions
  • Cancellation/extension rights
  • Reporting requirements
  • Automatic renewals/extensions

In particular, we are regularly involved in advising on policy wording covering:

  • Defective title indemnity insurance
  • Tax liability insurance
  • Warranty and indemnity insurance
  • Environmental impairment liability insurance
  • After the event legal expenses insurance (ATE)

To experience our distinctive approach and to assess the value that clear thinking can bring to your business, contact us, in confidence, for an exploratory discussion.