Professional Indemnity Insurance

IPA Insure recognises the importance of a highly competitive Professional Indemnity insurance policy for IPA members. Underwritten by CGU, our Professional Indemnity insurance is specifically tailored to meet the risk exposure of accountants, tax agents and bookkeepers, as well as accounting practices that offer financial planning advice and services.

THE RIGHT INSURANCE COVER

Through IPA Insure you can reduce your risk exposure by securing cover for:

  • Negligence. Claims arising from you or your staff giving incorrect advice or making a mistake in your work.
  • Civil liability. Claims arising because of your business activity for a client.
  • Infringement of intellectual property rights. Claims arising as a result of breach of copyright or trademark.
  • Client documents. Cover for client documents that are lost, stolen or damaged whilst in your care, custody or control, including data.
  • Losses from dishonesty. Claims for losses as a result of dishonest conduct by a director, employee or self-employed freelancer contracted to you and under your supervision.

By using the IPA Insure PI policy, you are guaranteed to meet the minimum requirements of the Tax Practitioners Board, exceed the minimum requirements of the IPA by-laws and comply with ASIC’s RG243 self managed superannuation fund SIS Act audits.

BENEFITS AND SERVICES

  • Policy Wording complies with the Tax Practitioners Board Requirements and the Institute of Public Accountants (IPA) By-Laws.
  • Policy Limit options up to $5M.
  • Optional Cyber and Public Liability covers at heavily discounted rates.
  • 2 automatic reinstatements of the policy limit in any one policy period.
  • Unlimited retroactive cover date.
  • Insurance policy wording written by a reputable Australian insurer, Insurance Australia Limited T/As CGU.
  • Local expert claims management and support.

IPA Insure Professional Indemnity Insurance can reduce your risk exposure by securing cover for:

  • Negligence. Claims arising from you or your staff giving incorrect advice or making a mistake in your work.
  • Civil liability. Claims arising because of your business activity for a client.
  • Infringement of intellectual property rights. Claims arising as a result of breach of copyright or trademark.
  • Client documents. Cover for client documents that are lost, stolen or damaged whilst in your care, custody or control, including data.
  • Losses from dishonesty. Claims for losses as a result of dishonest conduct by a director, employee or self-employed freelancer contracted to you and under your supervision.

FIND OUT MORE

To talk with an IPA Insure specialist about your PI insurance, please call 1300 413 143 or email enquiries@ipainsure.com.au 

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We advise that should you decide to proceed with this insurance, AB Phillips Pty Ltd  T/as IPA Insure (ABN 91 007 075 934 | AFSL 234457), will be acting under an authority given to them by Insurance Australia Limited trading as CGU Insurance (ABN 11 000 016 722 | AFSL 227681). In this respect only, IPA Insure will be effecting the contract as agent for CGU and not acting for the Insured.

Financial Services Guide