PI Insurance For Bookkeepers

PI Insurance For Bookkeepers

    • Professional Indemnity insurance compliant with professional association requirements
    • Opportunity to compare and buy PI policies from NZ leading insurers
    • Quick and easy online process, no forms to fill in, get covered in minutes

Insurance for Bookkeepers

... in minutes Opportunity to compare and buy PI policies from NZ leading insurers Insurance for Bookkeepers Professional Indemnity insurance compliant with professional association requirements Opportunity to compare ...

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What does Professional Indemnity Insurance Cover?

... Professional Indemnity Cover? What does Professional Indemnity Insurance cover? Professional Indemnity (PI) insurance ... Bookkeepers/ BAS and Tax Agents Other professions which often require Professional Indemnity insurance ...

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How Accountancy Insurance Protects Your Business

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Insurance by Industry

... insurance offer includes Professional Indemnity insurance, Public Liability Insurance, Statutory Liability Insurance, Cyber Liability Insurance and Employers Liability Insurance ... Beauty Salons Bookkeepers Cafes and ...

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Professional Indemnity

... or injury that is not covered by the Accident Compensation Commission (ACC). Professional Indemnity Professional Indemnity (PI) insurance is an important form of protection for businesses that provide specialist services ...

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What is Professional Indemnity Insurance?

... the most common in this article. The difference between public liability and professional indemnity insurance - Public Liability and PI insurance are both common forms of cover that small businesses often consider. Learn ...

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Turn your side hustle into a small business

... your side hustle is involved with providing professional advice or services is Professional Indemnity insurance*. Professional Indemnity Insurance (PI) is designed to respond to claims against your business for losses as ...

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Insurance for IT Professionals

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Insurance for Shop Owners

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What does Public Liability Insurance Cover?

... , or cause illness or injury that is not covered by the Accident Compensation Commission (ACC). Professional Indemnity (PI) insurance is an important form of protection for businesses that provide specialist services or ...

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Public Liability Insurance

... or injury that is not covered by the Accident Compensation Commission (ACC). Professional Indemnity Professional Indemnity (PI) insurance is an important form of protection for businesses that provide specialist services ...

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Insurance for Personal Trainers

... where you are faced with a claim. That's why Professional Indemnity insurance becomes an important cover to consider. Professional Indemnity (PI) insurance is an important form of protection for businesses that provide ...

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Business Insurance Health Check Part 2

... property damage as a result of your negligent business activities. Professional Indemnity insurance* : Professional Indemnity (PI) insurance is an important form of protection for businesses that provide specialist ...

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Insurance for Contractors

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Insurance for Massage Therapy

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Insurance for Immigration Advisers

... fundamental types of cover any immigration advisor needs to consider is Professional Indemnity insurance. Professional Indemnity (PI) insurance is an important form of protection for businesses that provide specialist ...

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Insurance for Consultants

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Insurance for Travel Agents and Tour Operators

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Insurance for Recruitment Consultants

... services employee relations change management psychological testing training & induction Professional Indemnity Insurance for Recruitment Professionals PI insurance is designed to indemnify the insured for a claim that ...

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Insurance for Counsellors

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Insurance for Designers

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Insurance for Mechanics

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Insurance for Education Consultants

... claim. This is where it is important to consider how Professional Indemnity insurance can safeguard your business. Professional Indemnity (PI) insurance is an important form of protection for businesses that provide ...

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Statutory Liability Insurance

... your business get a quote today What is the difference between Professional Indemnity and Statutory Liability Insurance*? These two types of insurance are designed to cover different risks that your business may face ...

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Insurance for Architects & Designers

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Insurance for Allied Health Professionals

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Insurance for Sole Traders

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Insurance for Carpenters

... service or advice. PI Insurance will also assist with the legal costs associated with responding to or managing claims which are covered by the policy. What is covered? A Professional Indemnity policy covers a wide ...

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Tradie Guide to Professional Indemnity Insurance

... may lead to financial loss for a client. And this is where Professional Indemnity insurance can reduce your risk. Professional Indemnity insurance protects you against third-party claims, including the costs involved in ...

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Insurance for Mortgage Brokers

... these risks and protect your bank accounts and professional reputation. Professional Indemnity Insurance Professional indemnity insurance protects professionals, like Mortgage Brokers, who offer advice and services ...

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Insurance for Real Estate Agents

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Insurance for Engineers

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Insurance for Accountants & Tax Agents

... and/or tender processes. Even the best of us can have a bad day with the books. That's why Professional Indemnity insurance is designed to protect you and your business from any losses which may arise from any errors and ...

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Insurance for Beauty Salons

... Association of Registered Beauty Professionals, it is compulsory to hold Professional Indemnity insurance. Insurance for Beauty Salons Professional Indemnity The joys of being a beauty professional are having your ...

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Understanding Employers Liability Insurance

... challenges and to be in business for the long run. Things like Public Liability, Professional Indemnity and other Business Insurance options*, help protect different areas of your business. There isn't a one size ...

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Do I need Business Insurance

... ? For some types of businesses, certain types of business insurance might be a requirement. These are some examples: Professional Indemnity insurance* may be a requirement to join certain professional memberships and ...

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Cyber Liability Insurance Explained

... isn't a one size fits all Cyber Liability insurance policy, so the actual cost will depend your business ... paperwork required or messy forms to fill out. Experience insurance made easy today and see how we can help protect ...

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What is Business Insurance

... your savings? It may be a requirement- Business Insurance can sometimes be a requirement, for example if you ... how to get in touch with one of our business insurance professionals. You can also access quick links to our ...

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What Is Inside A Business Insurance Pack?

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How Insurance Can Protect Landscape Architect

... that your work has caused them financial loss, they may file a legal claim against you. Professional Indemnity insurance can help protect you and your business against such claims. It is designed to protect professionals ...

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Insurance for Psychologists

... uncertainty of running a small business. As a psychologist, you might consider these types of insurance: Professional Indemnity* Clients trust you to provide them with expert mental health care. This leaves psychologists ...

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Business Insurance FAQs

... Do I need public liability insurance? What is Professional Indemnity Insurance? What does professional indemnity insurance cover? Do I need professional indemnity insurance? What is Business Insurance ? What is Business ...

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What Insurance Policies do Yoga Studios Need?

... your instructions could lead to a negligence claim (even an unfounded one). Professional Indemnity insurance offers important protections for businesses that provide specialist services or professional advice, like ...

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What Insurance do Beauty Salons Need?

... of the New Zealand Association of Registered Beauty Professionals (or want to be), you must have Professional Indemnity insurance. Other forms of coverage, such as Public Liability, may be a requirement to lease salon ...

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Do Hypnotherapists need Business Insurance?

... loss if that advice is misinterpreted, or they feel you acted negligently while treating them. Professional Indemnity insurance covers you for losses claimed by a third party due to alleged or actual negligence in ...

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Insurance for Yoga Teachers

... no harm, these types of events can lead to claims of negligence, no matter how unfounded. Professional Indemnity insurance covers losses claimed by a third party due to actual or alleged negligence in your professional ...

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How much does Public Liability Insurance cost?

... negotiated with our insurers to combine Professional Indemnity and Public Liability cover which offer much more competitive premiums. It is also important to note that each insurance company assesses risk in different ...

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Why You Should Review Your Business Insurance

... alleged negligent acts or omissions in the provision of your professional service or advice. Professional Indemnity Insurance will also assist with the legal costs associated with responding to or managing claims which ...

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What is Public Liability Insurance?

... small business needs. The difference between public liability and professional indemnity insurance - Public Liability and Professional Indemnity insurance provide different forms of protection to small businesses that ...

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What does Public Liability Insurance Cover?

... by the ACC For some businesses, Public Liability insurance may be a requirement. For example for some tradies ... your financial situation. Having the right Public Liability insurance in place is vital for helping you stay ...

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Insurance For Cafes and Restaurants

... in the wording, anywhere in New Zealand. A Business Insurance policy includes cover for losses to and caused by ... . Insurance options for retailers https://www.bizcover.co.nz/insurance-options-for-retailers-bizcover/ ...

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Retailer Insurance

... minutes, you can get back to business, while the insurance cover does the rest. Did you know? Many commercial ... how to get in touch with one of our business insurance professionals. You can also access quick links to our ...

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Reviews related to PI Insurance For Bookkeepers

  • It was so easy and great time saver, prompt delivery to obtain the Public Liability and Professional Indemnity I require as an Occupational Health and Safety Consultant and Practitioner. Other quotes took well over a week to come back to me. Definitely r

    Patricia Copp
    Consultancy Occupations

Did you Know?

Bookkeepers have an exposure to their customers for breach of confidentiality. Discussing a client’s financial details with others can result in the Bookkeeper being sued.

What Is Bookkeeper Insurance?

Insurance for bookkeepers is designed to protect different risks which your business may be faced with. This includes cover like Professional Indemnity insurance, Public Liability insurance and various Business Insurance coverage options.

Insurance for Bookkeepers

Professional Indemnity Insurance

Professional Indemnity Insurance is for businesses and professionals in fields where their customers, or other organisations may rely on their professional advice. As an ‘expert’, others may seek legal action against you if they suffer a loss from your professional advice. Bookkeepers provide professional advice and could potentially benefit from PI.

PI insurance generally indemnifies the insured for a claim that is first made whilst the policy is in force as a result of a breach of professional duty in respect of the conduct of the professional business as a Bookkeeper. The professional business of Bookkeeping can include any or all of the following activities:

  • Recording, Monitoring and Tracking the Value of Assets & Liabilities
  • Recording, Monitoring and Tracking Income and Expenses
  • Reporting Requested Bookkeeping Information

Bookkeepers generally require professional indemnity insurance for a number of reasons, which are set out below:

  • Risk management tool to assist in providing financial protection for a Bookkeeping firm.
  • Requirement of Bookkeeping Professional Associations
  • Requirement under new legislation
  • Requirement for many clients and/or tender processes
  • Heightened level of risk in uncertain economic times

What is typically covered?

  • Damages and claimant costs awarded against the insured
  • Legal and defence costs
  • Claims investigation costs
  • Inquiry attendance costs
  • Public relations costs

What is typically NOT covered?

  • Intentional damage
  • Known claims and circumstances
  • Fraud and dishonesty
  • Bodily injury / property damage

Protect your business today.

Public Liability insurance*

Whether you work from an office (even home-based) or go out to visit your clients on the road, Public Liability insurance is one of those fundamental types of insurances that bookkeepers need to consider.

Public Liability Insurance, often referred to as General Liability, gives you peace of mind, protecting you and your business against such claims by providing compensation for property damage, and personal injury or death in circumstances that are not covered by the Accident Compensation Commission (ACC). It also covers any legal defence costs you incur as a result of defending yourself.

What is typically covered?

  • Compensation for accidental damage to third party property
  • Compensation for personal injury or death to third parties where the ACC does not provide cover
  • Legal and defence costs

What is typically NOT covered?

  • Injury to your employees
  • Damage to your own property
  • Compensation for personal injury whereby cover is provided by the ACC
  • Known claims and circumstances

Business Insurance*

It’s important to take the time to consider protecting the assets that help to keep your bookkeeping business running. There are a variety of different types of business insurance options, these are a few to consider:

Contents: Covers your business contents or stock if they are damaged in a fire, storm or due to malicious damage or some other defined event listed in the policy

Building: Cover for loss and damage to buildings you own, as a result of an insured event (such as fire, storm, wind).

Portable Equipment: Portable Equipment insurance (also known as General Property insurance) covers you for loss and damage to items of portable equipment associated with your business. These can include tools of trade and items of stock.

FAQs

How much does business insurance cost for bookkeepers?

No two bookkeeping businesses are the exact same, and neither are two insurance policies for bookkeepers. The pricing will depend on a variety of factors that are unique to your bookkeeping business.

Some of these may include:

  • The size of your business
  • How many staff you have?
  • The type of food business you are running
  • The type of coverage you take out
  • Your excess
  • The level of cover
  • Your claims history
  • Location of your business

To receive an accurate idea of how much business insurance will cost for your hairdressing business click here to get a quote or have a chat to our friendly team.

Is Business Insurance a requirement?

As a bookkeeper, business insurance may be a requirement in certain situations like becoming a member of an industry body or as a condition of a contract that you may work on. It is always wise to check what type of cover and the amount you are required to have in place.

Get more information

If you would like to find out more about different types of business insurance solutions and tips and tricks for different areas of your business, check out our blog. To get you started we’ve hand picked a few articles to get you inspired.

What does Professional Indemnity insurance cover?

We break down the nitty gritty of all the important stuff you need to know when it comes to Professional Indemnity insurance- jargon free.

How to stay motivated as a small business owner

Let’s face it, as a small business owner there is a fair share of highs and lows. This article is the perfect pick me up when you need that extra dose of enthusiasm and motivation to help you get back on track with your business goals.

* This information is a general guide only and does not take into account your objectives, financial situation or needs. As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained on this web page is general only and should not be relied upon as advice.

^The provision of the claims examples are for illustrative purposes only and should not be seen as an indication as to how any potential claim will be assessed or accepted. Cover for a claim will depend on the specific circumstances around the loss and would be subject to the terms and conditions of the policy concerned.

Need Help?

Visit our Contact Us page, where you can find out how to get in touch with one of our business insurance professionals. 

You can also access quick links to our self-service portal, where you can download your Certificate of Currency, update your payment details, amend your cover and download your policy documents. 

 

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