Essential Cover for Practices
Insurance for Australian Accountants and Bookkeepers goes far beyond simple Professional Indemnity Insurance. Whether you are a single-person operation or run a large practice with multiple partners, there are a range of covers worth considering depending on your circumstances. These include essential protections like Australian Public Liability Insurance.
Professional Indemnity (PI)
Professional Indemnity insurance is the required cover for all accounting professionals.
Our policy has been custom built to adhere with the IPA by-laws, ensuring you are compliant and really covered. This customised policy includes cover for:
Public Liability (PL)
Another essential cover for any business that operates from an office or from home.
Coverage includes:
Injury caused by you or an employee when you visit a client’s premises
Injury to a member of the public who visits your place of business
Damage to property caused by you when you visit a client’s premises
Bundle your PL with your PI for a bundled saving
Cyber Crime insurance
Cyber Liability covers your business in the case of a cyber-attack. Any business that stores sensitive data on an electronic device should protect themselves from this exposure.
Our Cyber Crime insurance policy covers your business for:
Costs related to incident management and business interruption
Damages and costs to third parties
Direct losses and legal liabilities arising from cyber breaches
Legal Expenses Insurance
Legal Expenses insurance can cover your costs when you need to call the lawyers.
Coverage includes:
Unpaid fees and other disputes
Defence for criminal prosecutions
Employment disputes
Property Disputes
General Insurance for your business
By bundling all your insurance needs together, you’ll enjoy the convenience of reviewing all of your policies and approving one annual invoice each year. It will also give you peace of mind knowing that you only have one phone call to make if you ever have any questions or need to lodge a claim.
AB Phillips Pty Ltd, ABN 91 007 075 934, Australian Financial Services Licence No. 234457. Please obtain and consider our Financial Services Guide (FSG) and the relevant Product Disclosure Statement (PDS) and Policy Wording for full details of the terms, conditions and exclusions relating to the policy, before making any decision to acquire a product. The product issuer is Insurance Australia Limited T/As CGU, ABN 11 000 016 722, AFS Licence Number 227681. In issuing Professional Indemnity and Public Liability AB Phillips will be acting as agent for the Insurer and are therefore not able to consider your personal circumstances.