Do Credit Cards have free legal advice as a benefit?

marygreen3

Hi everyone

I hope someone can help. I am currently considering instructing my solicitor in a matter of unpaid Royalty Shares. The matter of legal fees came up and my solicitor suggested looking into whether any of my credit cards might carry legal fees coverage in a matter of Equity law. Would anyone know whether this might be the case. Currently I have a fully paid up credit card with Littlewoods Personal Finance, a fully paid up credit card with capital one, a Barlcays Current account, and lloyds Business Debit card (which I probably couldn't use my company card anyway) and I am also a member of the FSB (Federation of Small Businesses).

InsideInsurance

The FSB certainly used to include legal expenses but I believe it is only business related.

I have seen current accounts that include advice but not action (Barclays Premier used to at least) but dont know of any credit card providers that do.

Presumably you dont have legal expenses cover on your Home insurance?

bengalknights

Usually its insurance companys that have it as part of legal addition

jonesMUFCforever

So did the solicitor not think you had a case?
Why would they turn down business if they thought you had a case.

If one of the cards does have the insurance you want then they will use their own legal team and your solicitor won't be involved - strange don't you think?

InsideInsurance

The legal expenses would cover the solicitor themselves and would only work if they did think they had a case.

Despite what legal expenses insurers try to insist you do have the right to choose your own solicitor as long as they agree to the terms of the insurance policy.

Arguably they are doing their job correctly because you shouldnt enter into a conditional funding agreement (no win no fee) if you have any insurance that covers it and secondly not all solicitors offer no win no fee for a variety of reasons

lisyloo

strange don't you think?

No it's not strange.
It would be negligent for a solicitor to charge you if you had insurance.
They are doing the right thing both morally and in terms of regulations.
I don't think anyone should complain about that or find it odd.

Normally this would be on an insruance policy e.g. household insurance and not on credit cards.

Fruit_and_Nut_Case

Would you even be covered for an existing dispute if you found a card with legal benefits? Wouldn't it be like being given 3 months to live and rushing out to buy life insurance?

If you're a member of a union you may already be covered. </aside>

lisyloo

Would you even be covered for an existing dispute if you found a card with legal benefits?

You would normally not be covered for existing disputes, although I don't believe anyone has suggested opening new card, the OP referred to existing cards.

I personally have never heard of any credit cards that offer this, although house insurance policies sometimes include legal cover either as standard or an optional extra.