Accountancy insurance by monthly subscription
- Over 1,000 different business types covered
- Customise cover to meet your needs
- Add, remove or cancel cover at any time
Accountancy insurance is business insurance for accountants. It contains elements important to this specific profession, like professional indemnity and public liability cover.
The most important type of insurance for accountants is professional indemnity insurance. This cover is vital to anyone who gives advice or offers professional services to another person or business. It covers you in case you make a mistake or miscalculation that harms your client financially.
Another important type of cover is cyber insurance. These days, most accountants keep their records on a computer or in the cloud, which leaves them vulnerable to data breaches. This can happen through someone hacking your computer, or even simply someone stealing your device. Having cyber cover protects you in case action is taken against you following a data breach.
If you employ staff, you are legally required to take out employers’ liability insurance.
Other elements you might wish to add to your accountancy insurance include cover for legal expenses, buildings and contents cover, and public liability insurance if you have your own premises.
If you’re licensed to practise accountancy by ACCA, AAT, ICAEW, ICAS or CIMA, then having professional indemnity insurance is likely to be a requirement for you (the exact specification needed will vary according to your licence).
If you’re not chartered, then insurance is not mandatory (with the exception of employers’ liability insurance, which is a legal requirement for anyone who employs staff). That said, it is highly recommended having at least professional liability insurance and cyber insurance in place, as claims resulting from these types of incidents can be financially devastating without cover.
Policy specifications will vary by insurer and depend on the level of cover you choose to suit your needs, but business insurance for accountants can include the following:
Other types of cover you might wish to take out include:
Find out the list of cars in insurance group 41 and how much it might cost to insure them.
Find out the cars listed in insurance group 43 and how much it might cost to insure them.
Find out the list of cars in insurance group 44 and how much it might cost to insure them.
Find out the cars listed in insurance group 45 and how much it might cost to insure them.
Find out the cars available in insurance group 42 and how much it costs to insure them.
We’ve compiled a list of some of the best pet insurance providers for cats.
In this expert review you’ll find out exactly what Squarespace can offer you, how much a monthly subscription costs and how this website-building platform stacks up against its competitors.
Digital challenger bank Monzo has launched a new Premium tier for its current account. We take a look at the cost and what’s on offer.
Find out which cars are placed in insurance group 39 and how much it might cost to insure them.
Find out which cars are placed in insurance group 38 and how much it might cost to insure them.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.