Professional, Financial & Consulting · Insurance for

Accountants

For accountants, professional indemnity insurance isn't legally required – but if you're licensed by ICAEW, ACCA, AAT, ICAS or CIMA, it's a condition of practising, with formulas that dictate your minimum cover.

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Key takeaway

Know your body's formula, insure at or above it on compliant wording, and disclose your work split honestly – tax work drives 70% of claims and underwriters rate accordingly. Add tax-investigation cover (clients increasingly expect you to have it) and plan run-off before you need it: ICAEW wants two years, ACCA six.

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In the guide

What we cover for accountants

  1. What insurance does an accountant need?
  2. How much does it cost?
  3. Comparison of providers
  4. Reviews and expert ratings
  5. Key takeaway
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Next step

Find the insurers that fit how you work

5 quick questions. We'll score the insurers that match how you actually work, and show you where to go next.

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