Professional Indemnity Insurance for Accountants
Indemnity cover for accountants...
Professional indemnity insurance for accountants it is essential. Because you are offering clients your skills and knowledge, it is important that you do not leave yourself open to misconduct complaints.
Professional indemnity insurance for accountants will protect you if you receive any of the following complaints; breach of confidentiality; professional errors or negligence; copyright breaches; loss of data. A typical PII policy will cover you for:
For claims that arise from any negligent mis-statements; such things as a misquoted client, or services you provide as an accountant;
- For losses from claims for a breach of confidence or mishandling of any information;
- Legal defence costs or any subsequent damages awarded.