As an entrepreneur, you are daily confronted with legal risks. Whether trouble with an ex-employee, a dispute over an unpaid invoice, or a conflict with the landlord of your commercial premises – legal conflicts cost time, nerves, and above all, a lot of money. In my neutral online consultation, I show you how Business Legal Protection ensures that you can enforce your rights without financial risk.
The Story of Michael: The Expensive Farewell
Let me tell you Michael's story. Michael runs a medium-sized craft business. He's a fair boss, but last year he had to part ways with an employee who repeatedly missed work without excuse. Michael thought the termination was watertight.
Shortly after, the lawsuit from the labor court fluttered into the house. The former employee demanded a high severance payment and claimed the termination was invalid. Michael was sure he was in the right. But then came the bill: at the labor court, in the first instance, each party bears its own costs – regardless of who wins or loses.
The lawyer costs alone for preparation and the appointment totaled over 4,500 euros. Michael was shocked: "Even if I win, I pay almost 5,000 euros for behaving correctly?" Fortunately, Michael had taken out Business Legal Protection through me. The insurance took over not only his lawyer but also the court costs and expert fees. Michael could lean back and let his lawyer handle the case. In the end, they settled, and the insurance bore the entire procedure costs. "Daniel," he told me afterwards, "without the legal protection, I probably would have paid a much too high severance payment out of fear of the costs."
Why being right and getting justice are two different things
A legal dispute can paralyze your company for months. While corporations have their own legal departments, small and medium-sized businesses often stand alone. The costs for lawyers, experts, and courts quickly reach five-figure ranges. Business legal protection is therefore your financial backup to negotiate on equal terms with opponents.
The most important components for your business
Good legal protection for entrepreneurs consists of various modules. In our consultation, we put together the right package:
- Labor Legal Protection: Protection in disputes with employees (termination, reference, salary).
- Traffic Legal Protection: Important for your vehicle fleet in case of accidents or fine notices.
- Property Legal Protection: Dispute with the landlord over rent increases or defects in the commercial property.
- Company Contract Legal Protection: The "Joker". It protects you in disputes arising from your core contracts with customers and suppliers.
- Criminal Legal Protection: Defense if you or an employee are accused of a criminal offense in the course of work.
What to look for when taking out a policy
As your broker with a market overview, I compare the market. In the consultation, we particularly look at these quality features:
Free choice of lawyer: You should always have the choice to go to a lawyer you trust, rather than having to take a lawyer assigned by the insurer.
Waiting periods: Most policies have a waiting period of 3 months for new conflicts. However, there are exceptions and solutions if you already had a previous insurance.
Telephone initial consultation: Top policies offer a lawyer hotline without additional costs. Often a dispute can be clarified by a short phone call with an expert before it escalates.