Professional Liability Insurance for Tax Preparers & Bookkeepers

Our Professional Liability Insurance for Tax Preparers & Bookkeepers program covers Accountants, Bookkeepers, Enrolled Agents, and Tax Preparers for services provided in their accounting practices. Our broad definition of Professional Services includes Accounting, Financial Planning, Consulting, Notary Public, Fiduciary, Investment Advisor and Arbitrator/Mediator.

 Accountants Professional Liability   Accountants Liability Insurance

Accountants Risk Management

Accountants Professional Liability Insurance Highlights

  • NEW! EXPRESS Program - 20% Premium Reduction, $0 (Zero) Deductible Option and Increase in Revenue Eligibility to $1,000,000 Over the Last Three Year Period. TWO-YEAR Policy Option and Convenient Self-Rating Application

  • NEW! Broad Definition of Professional Services Now Includes Services (other than audit & review) Performed for Entities Owned or Controlled by Insured

  • NEW! 5 Ways to Reduce Your Deductible (Largest Applies) **

    • Reduction of Up to 50% for Use of Engagement Letters on Services Other than Audit & Review, $25,000 Maximum/Policy Period
    • Diminishing Deductible for Claims-Free Longevity, $10,000 Maximum/Per Claim
    • Reduction of Up to 50% if Claim is Resolved Through Arbitration or Non-Binding Mediation, $25,000 Maximum/Policy Period
    • Reduction of Up to 50% if Claim is Resolved Within One Year, $25,000 Maximum/Policy Period
    • Reduction of Up to 50% for Pro-Bono Services Provided to Non-Profit Organizations, $25,000 Maximum/Policy Period
  • INCREASED Supplementary Payments – No Deductible Applies**

    • Pre-Claims Assistance Includes All Fees, Costs & Expenses Incurred to Help Mitigate a Potential Claim
    • Defense of Disciplinary Proceedings - $50,000/Policy Period
    • Security Incident Reimbursement - $25,000/Policy Period
    • Reimbursement for Loss of Earnings – to $100/hour
    • Public Relations Crisis Expenses - $30,000/Policy Period
    • Non-Profit Directors & Officers Coverage - $15,000/Policy Period
    • Subpoena Assistance - Response for Legal Fees & Expenses
  • Initial Claim Expense Limit - Protects Erosion of Policy Limits by Legal Fees
  • Premium Credit for Completion of Qualified Risk Management Programs
  • Multiple Deductible Options Including Aggregate Deductible and First Dollar Defense
  • Multiple Extended Reporting Period Options Including Free Unlimited Options for Death, Disability and for Individual Qualified Retirees
  • 60 Day Claim Reporting Grace Period
  • Unlawful Use, Theft, or Embezzlement of Funds by Insured - $50,000 Per Policy Period
  • Confidential Risk Management Hotline Included with Policy

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