At get indemnity™ accountants professional indemnity insurance starts at £425 per year or £35.41 per month. Below we explain how professional indemnity and other business insurance products can protect you and your accountancy firm.
The professional indemnity insurance will pay legal costs incurred in defending allegations and pay damages arising from any judgment, award or settlement.
Improper advice |
Misleading financial statements |
Inadequate research |
Negligent record keeping |
Misuse of personal information |
Breach of contract |
Accountants insurance can provide cover for actuaries, auditors, bookkeepers, insolvency practitioners, management consultants, tax advisors and payroll specialists.
The nature of the work you undertake will have a direct bearing on your accountant's professional indemnity insurance premium. The below guide seeks to identify and group different types of accountancy activities by categories of risk:
There remains a number of specialist insurers that want to grow their portfolios within this space for well managed and claims free accountants. Please give one of our Account Executives a call on 0345 625 0711 to discuss further.
At get indemnity™ we offer comprehensive business insurance to ensure your accountancy firm purchases the most appropriate cover at the lowest cost. Complete our online application to apply for a broad selection of insurance covers designed for accountants.
The cover will provide a legal defence and cover the cost of damages from a client or member of the public that has suffered bodily injury or property damage. This could include a client slipping and suffering a back injury at your premises. Without adequate protection this type of accident can become very costly.
The cover will provide a legal defence and cover the cost of damages from an employee who has suffered bodily injury or illness whilst working for you. This could entail an employee falling on the stairs as a result of a loose carpet.
Complete our online application to apply for cyber and crime, we can identify a range of solutions available for your firm.
This guide is for information purposes and based on sources which we believe are reliable, the general risk management and insurance information is not intended to be taken as advice with respect to any individual circumstance and cannot be relied upon as such.