Can I use legal insurance to file my taxes or hire a tax consultant?
No, legal insurance does not cover routine tax filing or the cost of hiring a tax consultant just to submit your taxes. These are considered everyday financial responsibilities.
However, if you have a legal dispute with tax authorities, such as challenging a tax assessment or appealing a decision, then your legal insurance may help cover those legal costs, as long as the full-year coverage condition is met.
When can I file a tax law claim with legal insurance?
You can file a tax law claim with legal insurance only if you have held the insurance policy continuously for the entire calendar year, from January 1 to December 31.
What happens if my legal insurance policy started during the year?
If your policy began partway through a calendar year, such as in February, you are not eligible to file a tax law claim for that year. You must maintain coverage for the full next calendar year to be eligible to file claims.
Why is continuous coverage for the full calendar year required for tax law claims?
Continuous coverage throughout the entire calendar year ensures that policyholders are protected and supported for all unforeseen tax-related issues during that period. This requirement prevents claims for tax problems that arose before the policy started.