Insurance

The service can include an insurance policy, underwritten by an authorised Insurance company regulated by the FSA. This cover will pay for the legal costs in defending claims which arise out of Employment Litigation including all proceedings brought under collective and individual employment legislation.

This will involve the fees for Peninsula Business Services, to handle all Employment Litigation (excluding High Court or Circuit Court matters) on your behalf, being paid for you by the insurance company.

Awards and Compensation Cover

This cover will pay basic awards (other than redundancy payments) and compensatory awards (subject to the maximum limit) determined by the Employment Appeals Tribunal (EAT), Labour Relations Commission (LRC), Labour Court or Equality Tribunal in circumstances of:

(i) Unfair Dismissal

Cover extends to awards (subject to the maximum limit) for findings of unfair dismissal, these being, capability, conduct, redundancy, the employee being unable to work or continue to work in the position which he held without contravention (by him or his employer) of a duty or restriction imposed by or under any statute or instrument made under statute.

(ii) Unlawful Discrimination

Cover extends to awards (subject to the unfair dismissal maximum limit) for findings of unlawful discrimination on the grounds of gender, marital/civil status, family status, age, disability, race, sexual orientation, religious belief, membership of the Travelling Community excluding any dismissals or unlawful discrimination, in circumstances of pregnancy, maternity, adoption or parental status.

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.

Limit On Claims

There is a limit on all claims of £150,000 euro equivalent per insured events (or series of events linked by time or cause) and a maximum of £2,000,000 for all claims in one policy year.

Peninsula Business Services (Ireland) Limited are a wholly owned subsidiary of Peninsula Business Services Limited.  Peninsula Business Services Limited are authorised and regulated by the Financial Services Authority in the United Kingdom for the sale of non-investment insurance contracts and regulated by the Central Bank of Ireland for conduct of business rules.