Indemnity Insurance
A whole new minefield especially if you feel you ought to have this type
of cover, as the premiums can be quite steep, especially if you are only
taking it out to safeguard yourselves in the event you become the victim
of a libel case for something that you inadvertently printed.
ATE - After The Event
Although this could be a very expensive way of getting legal cover in the
event of a claim, you should weigh up the likelyhood of ever needing cover
in the first place. We feel sure you are all pretty responsible people and
therefore the likelyhood of ever being dragged into a legal battle are very
remote. We have taken this stance with regard to paying regular premiums
and decided we would continue without an annually renewable policy and in
the event that we would ever need to defend ourselves we would use an ATE
policy which we could pay off in installments. Hopefully though we will never
require to go down this route as we are very careful about what we print,
especially in these days of an ever increasing litigious society.