What else do I need to consider when buying Accountant Insurance?
The particulars of your accountancy insurance will depend on the individual requirements of your business.
If you employ other people, you will need employers’ liability insurance. Consequently, this has become a legal requirement for all employers. It protects you from the financial costs of a claim made against you should an employee suffer an injury during the course of their work for you.
Public liability insurance is often packaged with PI insurance for bookkeepers and accountants to protect your business from the cost of legal expenses and compensation should a third-party make a claim for loss or damages as a result of your business activity.
For example, if a client injures themself at your office, having tripped over your laptop cable during a meeting, your PLI will protect you from any associated financial losses.
In addition, there are a number of optional extras that can be included in your accountancy insurance policy should you require them:
- Insurance for business and office equipment
- Business interruption insurance
- Cyber cover
- Legal expenses
Whether you’re looking for icaew professional indemnity insurance, cpa insurance, professional indemnity insurance for tax agents, or bookkeeper insurance, our experienced insurance brokers will work with you to understand the cover best suited to your needs.