These insurance will protect you CA’s from claims made against you all by third parties for financial compensation. The claims may arise from a breach of professional duty.

 

Even if you have performed your duties efficiently, a lawsuit could take a chaos in your profession. Legal expenses could add up quickly and hinder your services financially. Not to mention, the ongoing court case can disrupt your work and also the revenue model. You can protect yourself by purchasing professional indemnity insurance for chartered accountants.