Legal expenses insurance (LEI), also known as legal protection insurance (LPI) or simply legal insurance, is a type of insurance which covers policyholders against the potential costs of legal action brought against the policyholder by another individual or institution. There are two main forms of such insurance, before-the-event and after-the-event ("the event" being some eventuality which triggers legal action). Most legal insurance plans and systems are before-the-event, though both are common in some jurisdictions such as the United Kingdom. In the United States, the concept is most often called pre-paid legal services (PPL or PPLS). Some specialized forms of LEI include various sorts of professional liability insurance, such as malpractice insurance for medical practitioners, errors and omissions insurance for consultants, agents and brokers of various sorts, and directors and officers liability insurance for principals and supervisory officers of corporations and other organisations.
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