Book-keeping insurance

Message

Author

	Add to del.icio.us
	Add to YahooMyWeb
	Add to Simpy
	Add to BlinkList

Posted: Tue Apr 13, 2010 10:10 am Post subject: Book-keeping insurance

We're about to start our book-keeping firm. We'd be interested to know the different types of coverage that we might need in order to protect ourselves from unforeseen risks. _________________ Register Now to have your Insurance queries solved.

Playfulmind

Guest

Posted: Wed Apr 14, 2010 10:31 am Post subject:

Quote:

We'd be interested to know the different types of coverage that we might need in order to protect ourselves from unforeseen risks.

It's good that you guys are aware of the consequences. Your mistakes might just cause some financial losses for your clients and may compel them to file lawsuits against you.
_________________
Insuranceguy.ampminsure.org

Juanita

Moderator

Joined: 04 May 2007
Posts: 735

Location: Idaho
137.01 Dollars($)

Posted: Thu Apr 15, 2010 7:52 am Post subject:

Professional indemnity is the standard insurance coverage that most professionals have around us. All charges associated with lawsuits and claim settlements are covered under it. It also protects from copyright violations.

roddick

Senior member

Joined: 05 Oct 2005
Posts: 962

143.16 Dollars($)

Posted: Fri Apr 16, 2010 6:34 am Post subject:

You won't need Public liability insurance if you're running your book-keeping business from home. You'll need it if you're required to visit places e.g. your client's business office or his home. Most professionals today are paying for this coverage even though it's not a legal requirement.

steven

Senior member

Joined: 02 Feb 2006
Posts: 1553

215.66 Dollars($)

Posted: Fri Jul 15, 2011 5:13 pm Post subject: sTQGZFXkleY

Good point. I hadn't thuhogt about it quite that way. _________________ Register Now to have your Insurance queries solved.