Due to the nature of the work they perform and the regulatory and compliance environment they operate in, accountants are often process driven and risk-averse by nature.

Crunching numbers and helping your clients with their accounting queries is all in a day’s work as an accountant. But even with all the years of experience, training and education, mistakes can happen when you least expect them. While there are many types of accounting insurances on the market, Professional Indemnity insurance* is something to consider when looking at ways to protect your accounting business with business insurance.

There’s a great deal of responsibility that goes into being an accountant, getting the numbers right and helping your client’s balance their books. Not only do you have the responsibility to deliver the goods, but you also have a professional responsibility when it comes to ensuring you have the appropriate types of insurances in place, like Public Liability insurance*.

With more and more businesses opting to operate their business activities online comes the risk of increased online cybercrime, and unfortunately accountants are no exception. Cyber criminals don’t discriminate when it comes to the type of business they are after and are increasingly becoming more advanced in their styles of attacks.

Insurance can be a confusing business, especially when you’re dealing with Professional Indemnity insurance*. However, you can make sure you get the Professional Indemnity that is suitable for you by asking the right questions. Here are seven things you should take into consideration when purchasing Professional Indemnity insurance.

You’re a wizard when it comes to doing the math for your client’s and their financial needs (especially at tax time) and that’s why they come back year after year. But did you know that you’re accounting know-how is actually saving your client’s money in more ways than one?

There are a million and one things that you have to remember when you run your own business- numbers for this, logins for that, it never seems to end. But it when it comes to protecting your business and the things that keep it running, spending a bit of time understanding your business insurance might be worth the investment.

You work hard to build your business. So it’s vital to protect your business assets and revenue against potential risks that may impact your business, such as fire, storms, theft and accidental damage.

In part three of our guide to understanding insurance, we take a look at Business Insurance, the different kinds of cover available and how it can help protect your business.

Buying business insurance shouldn’t be a complicated and confusing process right? At BizCover we believe in making business insurance drama-free, without the tricky lingo and mountains of paperwork. We’re here to make things that bit easier as a small business owner by sharing some of the common mistakes that people make when buying their business insurance policies.