An accountant created a financial statement for a client in which a miscalculation resulted in a $1.2M understatement. The cost to have the error corrected by another firm was $150,000*. If this type of situation occurred with you, would you have the right coverage and a top carrier to help you pay the expenses?
With Accountants Professional Liability Policy Accounting Firms can enjoy:
- Subpoena coverage endorsement
- Discrimination defense coverage, up to $50,000 per policy period
- Network Security and Theft of Data endorsement
- Innocent Insured coverage
- Coverage for newly acquired entities with five or fewer professionals and predecessor firms
- Worldwide coverage territory, provided claim is made and suit is brought within the U.S., its territories or possessions, Puerto Rico and Canada
- Retiree extended reporting period available for qualifying sole proprietors
- Death & Disability extended reporting period for sole proprietors
To get a quote fill out short online application at https://secure.echosign.com/public/hostedForm?formid=3KKWUIXD5S6N74. Premium starts from $300/yr.
*This summary is offered only as an example; policy terms, conditions and exclusions may vary. Coverage depends on the actual facts of each case or claim and the terms, conditions, and exclusions of the policy issued to an insured. Please refer to the policy issued to determine all terms, conditions and exclusions.
This product is available for all qualifying firms through a relationship with A+ rated insurance carriers and program administrators that has extensive underwriting and claims-handling expertise. Please refer to the policy to determine all terms, conditions, exclusions, and limitations of coverage. Coverage may not be available in all states.