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Accountants Professional Liability Insurance 

 

The CPA Advantage professional liability insurance program provides insurance for professional services including: Accounting, Financial
Planning, Consulting, Notary Public, Trustee, Fiduciary and Investment services, provided by all size accounting firms.

     Click here to complete a brief questionnaire to receive a proposal

  •  You do not need to be a Certified Public Accountant to purchase this insurance.

  • Policy limits available to $5 Million.

  • Higher limits available for qualified firms.

  • Full prior acts coverage is available. 

  •  Predecessor & Successor firm coverage.

  • When you apply you may select to have the deductible apply only to damages paid on your behalf or to
    both damages and claim expenses.

  • 100% of the deductible is waived if the claim is settled by alternative dispute resolution, mediation or non binding arbitration. (Subject to a maximum of $25,000)

  • The extended claim reporting endorsement “tail” may be purchased for an unlimited
     or 1, 3 or 5-year period following termination of the policy. Plus Qualifying retirees
    are eligible for the extended reporting option free.  
  • $250.00 per day is paid to the insured for their attendance at a trial, hearing or arbitration  proceeding covered by the policy. Plus  $5,000 per policy period is available for the insured for legal fees and other costs resulting from investigation before a state or local licensing board or regulatory authority.
  • Risk Management services for are offered  through AccountingMalpractice.com. Enroll in
    this program by clicking here to earn up to 7-½% premium credit each year for the next three years.
  • The CPA Advantage provides free risk management services from qualified legal counsel, offering you pre-claim assistance, advice regarding questions about accounting practices and procedures, document review and engagement letter wording. A simple email or phone call is all it takes to receive professional advice and assistance. Please Click Here to learn more.

This document has been prepared for illustrative purposes only.
The Insurance policy will govern the terms and conditions of the insurance coverage

The Insurance is provided by General Star Indemnity or General   Star National Company. The General Star Companies are  subsidiaries of General Reinsurance Company, a Berkshire Hathaway Company, and maintain  A ++ Ratings from AM Best and AAA ratings  from Standard & Poors.

Select the  information, applications or forms that you need from the list below.
All material is provided in Adobe Acrobat PDF format.
 If you do not have Adobe Acrobat Reader, Click here to install  a free copy.

Click to obtain the CPA Advantage Professional Liability Insurance Application

Click to obtain Application Supplement Forms.

Click to obtain CPA Advantage Specimen Policy  (for all states except Connecticut)

Click here to obtain CPA Advantage Specimen Policy  (for Connecticut)

For more information contact
John Torvi
Tel: 800-336-5422 ext: 117
Fax: 800- 344- 5422

E-mail:

For Insurance Agents

 

If you are an insurance agent and are not registered with us 
Please click here to complete our online agency profile form
Resource Library

Insurance agents may obtain program information, sample policies, applications and helpful marketing material  by visiting  the agent Resource Center.
Visit our Resource Center Resource Library

Helpful Information for Accounting Professionals
The Strength of Arbitration
     Clauses in
Engagement
     Letters

    
Click for More Information Resource Library
Risk Management Techniques:      Limiting Liability to the Accountant
    
Click for More Information Resource Library
 Compliance with Professional
     Standards Reduces the Risk of
     Liability
     Click for More Information 
Resource Library
 

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