Disclaimer: Some of the historical blogs refer to services and/or products that are predecessors to the new legal expense insurance product we refer to as LISC Legal Cost ProtectionTM. They should not be relied upon and are for informational purposes only.
Adverse cost insurance comes in varying names, is offered by a handful of companies, and is relatively new to the Ontario legal landscape. It has been referred to as legal costs protection, adverse cost insurance or even after-the-event insurance. Regardless of its moniker it is, in my opinion, the greatest advancement in access to justice in the personal injury field since the judicial acceptance in Ontario of contingency fees. The various products essentially provide insurance coverage to litigants who face paying costs to a successful opponent on motions right through to trial.