I currently offer bookkeeping services (all within ACCA regulation 8) and get Insurance through Trafalgar.
As a PQ ACCA do you know of any better alternate PII companies available to me? Who do you use and what burning hoops do you need to jump through in order to get it?
Many thanks in advance,
Shaun.
__________________
Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
I was also just looking at the small print in the MORETHAN policy as well. Got an online quote for 250k cover on 25k turnover with £500 excess for £262.50.
I'll take your advice and have a gander at Hiscox.
Have a good one,
Talk soon,
Shaun.
__________________
Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
I can't remember what I paid back in July but I have insured myself for PII & PLI through Morethan. I have heard good things about Hiscox as well but found them more expensive
Still waiting for MORETHAN to get back to me about whether my change of status (potentially dropping ICB qualification and not being able to mention my ACCA status to them) will have any effect of my insurability through them.
Unfortunately on one of the and/or's in the small print states that I must have a relevant qualification or three years relevant experience.
My experience mostly comes from developing financial and accountancy systems for the banks so I don't think that it's classed as relevant experience for someone wanting to trade as a bookkeeper.
Just remains to be seen whether they class me as insurable as a bookkeeper under their policy.
I've just tried Hiscox and as you say it's slightly more expensive coming in at £301.88 for the same cover. However, it's ACCA cover with restrictions for if your not fully qualified ACCA so sounds as though it's aimed more at my situation.
When MORETHAN get back to me so long as everythings ok I'll go with them as they're cheaper but probably swap to Hiscox when I've got my ACCA practicing certificate as they're geared up specifically for covering people with the qualification I will have (I keep thinking those positive vibes! I WILL get it!!!).
Thanks for the input.
So far not heard anything negative about either Hiscox or MORETHAN.
Talk soon,
Shaun.
__________________
Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
They say that I've got more than enough experience to get PII cover for bookkeeping, Payroll and VAT.
Talk soon,
Shaun.
__________________
Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
