Our website is set to allow the use of cookies. For more information and to change settings click here. If you are happy with cookies please click "Continue" or simply continue browsing. Continue.

Family Law

The leading authority on all aspects of family law

14 JUL 2011

Mishcon de Reya launches pre-nuptial agreement insurance

Pre-nuptial agreementMishcon de Reya, in partnership with the Legal Expenses Insurer ARAG plc, and Lansdown Insurance Brokers of Cheltenham, has today launched Protect Pre-Nup, an insurance product that provides cover for legal costs if a spouse challenges a previously agreed pre-nuptial agreement - the first of its kind in the UK.

As the law stands, pre-nuptial agreements can only be considered binding with court approval; any challenge to a pre-nuptial agreement has to be decided by a Judge. The Law Commission is currently consulting on whether to make pre-nuptial agreements fully binding. 

Mishcon de Reya recognised that until the Law Commission publishes its recommendations, uncertainty in this area will continue to raise concerns for individual who wish to preserve generational and personal wealth. To address this uncertainty, in partnership with ARAG plc and Lansdown Insurance Brokers, it has created Protect Pre-Nup.

The insurance policy provides cover to help meet legal costs should a challenge to a pre-nuptial agreement arise.

In addition to providing reassurance for clients, the policy addresses the call from the Lord Chancellor, Kenneth Clarke, to find alternatives to the ways in which individuals fund their legal expenses.

Family Court Practice 2016, The

(Red Book)

Order your copy today and get the Autumn Supplement

More Info from £465.00
Available in Family Law Online
Family Law Online

Family Law Online

Get a FREE trial today! The fastest way to access the latest law reports, case law, commentary,...

Available in Family Law Online
Subscribe to our newsletters