Professional Indemnity Insurance
PFP's Professional Indemnity Insurance protects the accountancy practice from claims by disatisfied clients. Because even the most respectable companies can find themselves in dispute with a client over an alleged mistake.
We are delighted to work with Aon Limited the world's largest insurance broker to offer a market leading professional indemnity insurance policy. Thanks to our strength in the accountancy sector we are able to combine our knowledge of our clients with the unrivalled market presence of Aon. They currently work with over 3,000 accountancy firms ranging from sole practitioners to the Big 4.
With PFP and Aon you can benefit from:
Premiums from GBP13.25 a month
Free legal helpline
Disciplinary hearing cover
Compensation for Court attendance cover
Loss of Documents cover
12 months free online data storage provided by Mamut Software
Exclusive discounts off selected PracticeWEB products
What is Professional Indemnity Insurance?
PI insurance protects you and your business from financially crippling and often reputation-damaging claims by dissatisfied clients.PI insurance will cover the cost of defending a claim as well as settling any damages payable. In some cases, clients may even insist that you are covered by a professional indemnity policy before hiring.
Below are just some of the areas you, as an Accountant could be exposed to:
Negligent advice
Errors or omissions
Dishonesty of employees
Loss of documents/data: damaged, lost or stolen data and documents belonging to your clients
Liability arising from the theft of your clients' money
We are confident that by using Aon you can not only improve your cover but benefit from extremely competitive premiums.
To find out more: