We offer a variety of premium options for class actions. Premiums can be:
- Fully contingent and only payable on the successful outcome of the case
- Paid and contingent, whereby there is a non-refundable paid premium on inception of the case and a further contingent premium to be paid on successful conclusion of the case
- The premium can simply be paid in full from the outset of your case
Premiums will vary and are related to the individual risk of the particular action at hand. For both our “fully contingent” and “paid and contingent” options above, we can put rebates in place should your case settle prior to trial.
Recent times have seen a surge of both class action activity and mass tort claims in Canada. Our Aon Plaintiff Protect team has placed insurance for complex class actions across the country, and has global access to the leading insurance markets for class action litigation.