Professional Indemnity Insurance for Accountants
How would your Accountancy practice cope if it was sued for £1million? Can you afford to be defenseless?
Allegations of professional negligence can have a destructive impact on an Accountants business. Even if you try to protect your position yourself it can get very costly – and losing a case could mean a substantial payout. Without Professional Indemnity Insurance cover how would you defend yourself against an accusation of professional negligence?
Smarter Insurance provides Professional Indemnity Insurance for Accountants to safeguard your practice against unanticipated errors and unforeseen situations. This extensive insurance policy protects you from claims arising from dissatisfied clients. In the professional world it is not possible to guard against every conceivable eventuality, but we can provide you with peace of mind knowing that you are protected against those claims you are most likely to face, up to a maximum value of £1 million.
Professional Indemnity Insurance for Accountants covers you:
- For claims that arise from any negligent misstatements; such things as a misquoted client, or services you provide in a professional capacity
- For losses from claims for a breach of confidence or misuse of any information
- Can be used either to cover legal defence costs or any subsequent damages awarded
- Provides insurance cover for the total of all claims made during the policy period up to a maximum limit of £1 million in total
We know that even the best accountancy practices can hit the occasional processional problem. By working proactively our insurers will work on your behalf to reduce the costs of a covered liability and any potentially damaging effects of a claim such as harmed relationships or protracted legal action. So find out how much it would be to protect your practice against possible substantial payouts.
Professional Indemnity Insurance for Accountants
How would your Accountancy practice cope if it was sued for £1million? Can you afford to be defenseless?
Allegations of professional negligence can have a destructive impact on an Accountants business. Even if you try to protect your position yourself it can get very costly – and losing a case could mean a substantial payout. Without Professional Indemnity Insurance cover how would you defend yourself against an accusation of professional negligence?
Smarter Insurance provides Professional Indemnity Insurance for Accountants to safeguard your practice against unanticipated errors and unforeseen situations. This extensive insurance policy protects you from claims arising from dissatisfied clients. In the professional world it is not possible to guard against every conceivable eventuality, but we can provide you with peace of mind knowing that you are protected against those claims you are most likely to face, up to a maximum value of £1 million.
Professional Indemnity Insurance for Accountants covers you:
- For claims that arise from any negligent misstatements; such things as a misquoted client, or services you provide in a professional capacity
- For losses from claims for a breach of confidence or misuse of any information
- Can be used either to cover legal defence costs or any subsequent damages awarded
- Provides insurance cover for the total of all claims made during the policy period up to a maximum limit of £1 million in total
We know that even the best accountancy practices can hit the occasional processional problem. By working proactively our insurers will work on your behalf to reduce the costs of a covered liability and any potentially damaging effects of a claim such as harmed relationships or protracted legal action. So find out how much it would be to protect your practice against possible substantial payouts.
