Stratton Richards

What documents will I have to submit?

Posted by Stratton Richards on December 11, 2020

To start your claim we will need a copy of your insurance policy documents that covered you during the forced closure of your business in March 2020 and a copy of any renewal documents:
• Insurance Certificate.
• Policy Schedule (7-8 pages long, includes headlines of what is included in your policy).
• Policy Wording (full insurance policy 40-100 pages long).

Should you not be able to locate your documents, we would recommend that you personally contact your insurer to obtain it.

Category: Top 5 FAQs

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No Win, No Fee is a term used to describe an agreement between a Solicitor and a Claimant. It states that in this instance, the Claimant cannot be charged if their Business Interruption insurance claim is unsuccessful.

However, if your case is successful the solicitor may take up to 25% of the compensation awarded, although this will be subject to your individual circumstances and the actual fee may be more or less than this.

In some circumstances the solicitor may wish to insure the case with an “after the event” insurance policy, this will be done on a case by case basis.

In the circumstances where a Claimant cancels an agreement outside of the ‘cooling off’ period or is not co-operating, they could be charged a fee that is reasonable in the circumstances, reflecting the work undertaken by the Solicitor.