Bookkeepers Professional Indemnity Insurance
Our Bookkeepers Professional Indemnity Insurance has been designed to cover you to the standards you need if you face a claim being made against you. If required, we can supply policies that meet the required standards by the Institute of Certified Bookkeepers. We offer tailor made Professional Indemnity insurance policies specifically for bookkeepers and accountants as we are aware that one size does not always fit all.
Mistakes can and do happen.
If you do not have bookkeepers Professional Indemnity Insurance (PII) and make a mistake, you could be liable for the full extent of the loss. Being found liable means that you have to pay out the whole amount of compensation as well as cover the legal expenses. It is very rare for a company to fully recover from a claim where they were uninsured.
Key features of Bookkeepers Professional Indemnity Insurance
- Breach of professional duty;
- Dishonesty of employees;
- Libel or slander;
- Loss of or damage to documents.
- Unintentional breach of confidentiality;
- Unintentional infringement of intellectual property rights
(Please note that many insurers will limit this cover to copyright only).
Do I need Bookkeepers Professional Indemnity Insurance?
Although Bookkeepers Professional Indemnity Insurance is not a legal requirement it is good business practice for you to obtain suitable cover. Not only are you protecting yourself, you are protecting your clients too as you have a duty of care over the service and advice you give.
When purchasing your insurance cover, you can choose to add other insurance products. A few of these other insurance types are:
- Public Liability Insurance
- Employers Liability Insurance
- Legal Expenses
- Office Contents Insurance
- Internet and Email (Cyber Liability Insurance)
- Portable Equipment
We have made it really simple to obtain an online quote from multiple insurers as we are dedicated to finding you the best cover at highly competitive prices. If you require any additional advice or help with the cover you may require then please do not hesitate to get in touch with one of our experienced brokers who will be happy to help you.