The Book-keepers Forum (BKF)

Post Info TOPIC: Professional Indemnity Insurance


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Professional Indemnity Insurance
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Hi

I was wondering if there were any recommendations of which company to use for professional indemnity insurance for book keeping?

Also what is the average cost for this?

thanks for any help biggrin



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Hi,

 

I used trafalgar Insurance though AAT, very good price £45.00 for the year.

 



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That Figures Accounting & Payroll Service


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I also use Trafalgar although mine is a bit more expensive at £86.

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David P Anderson AFA, FFTA

Anderson Accountancy

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£45.00 for the year sounds really good value. Can you advise the level of cover you got, and whether you need to be an AAT member do get the cover?

Many thanks.

 

 



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Stuart

Birmingham City FC - Blues is my religion St Andrews is my church



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Wow, just read this and I think I have been ripped off. I have cover through Institute of Agricultural Secretaries & Administrators via James Hampden Insurance brokers. I pay £290 a year.

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Roz



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Hi,

don't forget to check out the PII cover for BKN members in the site special offers link above. From what I've read the cover is from Zurich life so not exactly a fly by night.

The quote is for £78 p.a. for £100k cover on £15k turnover for BKN members or £132.50 if your not a member. But as membership is only £24 p.a. I'm guessing the site may get a lot of new paying members when it comes to renewals time.

And no, I'm not on commission. Just been reading all the new bits to the forum and there's some pretty good information in there espchially for new startups.

kind regards,

Shaun.

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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.

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