Insurance for Accountants

Why do Accountants need Insurance*?

Being a numbers person, we won’t need to convince you that getting multiple competitive quotes from leading insurers is the quickest and most cost-efficient way to secure the right cover for your accounting practice.

Professional Indemnity*

Even the most experienced Accountants can make mistakes.  Any professional errors or omissions have the potential to cause a financial loss to your client or third party.  Professional Indemnity insurance will protect your business from claims against losses as a result of actual or alleged negligent acts or omissions in the delivery of your professional service or advice.

Professional Indemnity Insurance will also assist with the legal costs associated with responding to or managing claims which are covered by the policy. It is an important form of protection including for:

• Accounting and bookkeeping errors
• Failure to adequately complete audit requirements
• Incorrect preparation of tax returns and delays in submission
• Incorrect analysis and interpretation of numerical data

You should consider any requirements imposed on you by your Professional Association prior to deciding if the policies available on our platform are right for your business.

Don’t forget our Price Promise –  we always strive to provide the lowest policy premiums for your PI insurance

Business Insurance*

If any of the following circumstances relate to your business then you should consider Business Insurance to help ensure you are adequately protected:

If you own an office are you covered for building and contents?

If you rent an office are you covered for contents or stock?
Do you rely on computing equipment/servers to get your work done? If they were to breakdown could you cover the cost of repairs, restoration of electronic data, and even any additional cost of completing your work?

These situations are just a sample of what a Business Insurance policy can cover.

Cyber Insurance*

Consider the client data you are storing and if there was a breach of confidentiality by your system being hacked. Cyber Liability insurance helps to protect you from claims and supports your profitability in the event of a cyber breach or attack.