Legal protection insurance underwriter

Square One sells legal protection insurance that is underwritten by DAS Legal Protection Insurance Company Ltd (DAS Canada). DAS Canada is part of the DAS Group, the global leader in the legal expense protection insurance market. The group is based in Germany and is a subsidiary of ERGO. ERGO is part of the Munich Re Group. And, the Munich Re Group is one of the world’s leading reinsurers.

The DAS Group has been specializing in legal expense products and services since the first office opened in Germany in 1928. Now, the group is an international entity operating in 18 countries across Europe, North America and Asia and has an annual premium income of more than $1.5 billion.

To learn more about DAS Canada, please visit das.ca or call Square One at 1.855.331.6933.

Interesting facts about the Canadian legal system

Have you ever wanted to take someone to court? Maybe your neighbor has built a shed partially on your property, and refuses to move it. Or maybe you’ve just had your kitchen renovated, and the cupboard doors are already falling off.

Well, you’re not alone. In the last 5 years in Canada, 4,250,000 Canadians accessed the legal system in one way or another, not including criminal cases. But fewer than half of these people hired a lawyer to represent them, even though they would be significantly more likely to win their case. Why?

The average cost of hiring a lawyer in Canada is $379 per hour. This translates into $37,000 for a trial that takes 2 days. How many of us can afford that? If the trial drags out for a week, you could be looking at $124,000.

A survey was taken recently by DAS Canada Ltd, a company that provides legal protection insurance, to determine why people decided whether or not to access the legal system. Most people said that financial considerations would stop them from taking legal action. Many of them said they know someone who has gone into debt trying to solve a legal issue. Who wants to go into debt to take a case to court, when you may not get a positive result?

How would they expect to pay for a lawsuit? 39% said they would use their savings, but most people would either have to use credit or liquidate some assets in order to pay legal fees.

Most people decide not to take legal action, even when they have a pretty good case. Some of the reasons for this are:

  • Too expensive.
  • Don’t have insurance to pay legal expenses.
  • Don’t know what resources are available to them

What would allow you to have greater access to the legal system? Lower legal fees was the number one response, followed by access to free telephone legal advice, shorter average court case time, more mediation/arbitration, and better educational resources about the legal system.

Help is at hand. Legal protection insurance is available to cover your legal expenses in many situations. With this insurance, you have access to a legal advice helpline, where you can phone for information on any type of problem, be it divorce issues, child support, employment contracts, strata rights, wills and estates. Anything. Then, if you decide to pursue a case, the insurance covers your legal costs.

Don’t let high legal fees or lack of necessary information stop you from pursuing your rights. For all the details, call Square One at 1.855.331.6933.

Learn more about legal protection insurance