What is Legal entity?

A legal entity is the registered company that stands behind a brand name. Read it in the imprint or on a company register, because it is the party a claim is actually made against when a policy pays out. The trading name on an advert is not always the same company. 10Life trades as 10Life and registers as 10Life Financial Limited. 24ins.bg is run by Broker Ins Ltd., 1Cover by 1Cover Pty Ltd, and 1st Insurance by 1st Insurance (Seychelles) Limited. A mismatch between the two is a reason to ask before you buy.