Professional Indemnity Insurance for Bookkeepers
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Over the years, the types of businesses who purchase Professional Indemnity Insurance has changed. Where once it was only doctors and lawyers, Professional Indemnity is now the generic reference to insurance which deals with financial loss arising from, in this context, a Principal's reliance upon the service provided, and is a potential purchase by any professional providing advice.
Professionals are legally responsible for providing a higher degree of skill and care than most people. If, a Principal suffers a loss than can be attributed to a professional person's failure to uphold professional standards they risk being sued for a breach of professional duty.
In the event that the Principal suffers financial loss as a result of an alleged neglect, error or omission, Professional Indemnity Insurance addresses the cost of defending claims and any damages payable.
This type of insurance is available to most professionals and in many professions the professional is required to carry a minimum level of Professional Indemnity Insurance by law.
Why do Bookkeepers need Professional Indemnity Insurance?
Bookkeepers provide professional advice and can reduce their business risk through Professional Indemnity Insurance.
Professional Indemnity Insurance will generally indemnify the Bookkeeper in the event that a claim is made against them for professional negligence.
Whether for general Risk Management purposes or to comply with Legislative requirements, Bookkeepers will generally need to hold a minimum level of Professional Indemnity Insurance.
Why purchase your Professional Indemnity Insurance through Express Insurance?
Whether you provide your clients with Bookkeeping services, Tax or BAS services, or a combination of these services, our streamlined online system makes it easy to get a quotation and buy the Insurance online. You will receive your insurance certificate immediately in order to prove you have the appropriate level of Professional Indemnity Insurance in place.
Not only have we negotiated great cover and pricing through Berkley Insurance Australia, a respected global insurance company, we have Professional Indemnity specialists with years of experience in this area on hand to fully support you and answer all of your Professional Indemnity enquiries. Click here to get a Professional Indemnity Insurance quote for Bookkeepers in seconds!
Express Insurance Pty Ltd (ACN 135 587 021; AR No 336461) is an authorised representative of Edgewise Insurance Brokers Pty Ltd (ACN 120 673 261: AFSL 307654). Express Insurance acts as the agent of the insurer in respect of the insurance products offered on this website and not as your agent.