Handling money has always been a tricky business. And if you have to deal with it day-in and day-out, especially so for a client of yours, legal intricacies are hard to be remained away from. A few inevitable slip here and there can lead to bigger concerns. In case of Accountants, these slips may result in law suits running into millions.
A delay in filing taxes, missing out few zeroes while making payments, a typographical error in book-keeping - almost everything can prove hazardous and the Professional Liability Insurance cover is the only savior that can come to their rescue.
There are numerous Accountant Insurances available in the market. But, buying just any of them will not be of much help. You should get Professional Insurance mediators to get you the best deals after carefully considering the complex taxation and corporate laws. A careful scrutiny should also be made regarding what all is being excluded and is not being covered under the Insurance to avoid pitfalls in the future.

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