Chartered Professional Accountant Insurance

Why do Chartered Professional Accountants Need Professional Liability Insurance?

Any chartered professional accountant or accounting firm practicising public accounting or providing acccounting services to the public are required to have professional liability insurance.  Purchasing professional liability insurance can safeguard you against a loss in the event of a lawsuit due to a negligent act, error and omission by the professional or company. Firms that are newly registered and professional corporations must have professional liability insurance before they can practice public accounting or provide accounting services to the public. Chartered professional accountants practicing public accounting without insurance would be subject to suspension and revocation of their CPA membership.

What Professional Liability Policy is right for me?

There is no right answer to this one, each policy is tailored to exactly what your industries risks and liabilities are. Talk to a broker today 1-833-277-9438 or click here for an instant quote you can purchase online!