Indemnity insurance for tribunal costs and compensation
This cover will pay basic awards (other than redundancy payments) and compensatory awards (subject to the maximum limit) determined by an Employment Tribunal in circumstances of:
(i) Unfair Dismissal
Cover extends to awards (subject to the maximum limit) for findings of unfair dismissal , these being conduct, capability or qualifications, redundancy, retirement, statutory ban (contravention of a duty or restriction imposed under an enactment) and some other substantial reason.
(ii) Unlawful Discrimination
Cover extends to awards (subject to the unfair dismissal maximum limit) for findings of unlawful discrimination on the grounds of race, colour, ethnic or national origin, religion, religious belief/political opinion, sex, marital status, sexual orientation, gender reassignment, disability or age.
In addition, this cover allows funding for any economic settlements reached in such cases, if this is felt to be viable prior to a merits hearing, or to minimise compensation instead of attending a remedies hearing.