Tax Preparer Professional Liability Insurance helps protect against allegations of professional negligence and litigation that can result in legal judgments, settlements and out-of-pocket attorney defense costs.
LAKEWOOD RANCH, Fla. (PRWEB) March 30, 2021
360 Coverage Pros announced today the launch of a new professional liability insurance program for tax preparers with a fast, easy online application. The program features liability limits of up to one million dollars and is designed for professionals providing predominantly tax-related services including, Enrolled Agents, Annual Filing Season Participants, Accountants (CPAs and non-CPAs), and PTIN Holders.
Tax professionals work long hours, deal with many clients and face complex compliance requirements. Tax Preparer Professional Liability Insurance helps protect against allegations of professional negligence and litigation that can result in legal judgments, settlements and out-of-pocket attorney defense costs.
This program offers broad coverage options for tax work and services, including permitting insureds to provide payroll, general business planning and other services. Insureds are also covered for a limited percentage of audits, compilations, reviews and personal financial/investment advisory services for their clients under the program.
“Tax services can be challenging on a good day,” says Program Manager Chris Buseman. “Our intention is to fill a gap within the professional liability market for tax professionals to obtain a comprehensive policy within minutes that doesn’t break the bank. We understand that many professionals are licensed or credentialed and run the risk of regulatory board inquiries, so we’ve incorporated all of the must-have protections to guarantee that our insureds are amply safeguarded and that their interests come first.”
- Coverage starts at $23.33/month
- Fast, easy online application
- Instant proof of insurance
- Access to a legal advice hotline and an attorney
- Coverage for individuals or firms, including employees and independent contractors
- Coverage for additional insureds
- First-class customer care and a painless automatic renewal process
- Underwritten by Lloyds of London: rated “A” (Excellent) by insurance analytics firm A.M. Best
The policy also includes the following at no additional cost:
- Disciplinary or license/regulatory proceeding expense
- Subpoena assistance
- Defendant’s expense
- Employee theft coverage
To learn more or schedule a free consultation, please visit: https://www.360coveragepros.com/professional-liability-insurance/tax-preparers-and-bookkeepers.
About 360 Coverage Pros
360 Coverage Pros is an insurance industry leader specializing in professional liability solutions for small businesses and independent contractors. As the trusted program administrator and insurance provider for over 300 national associations and affinity groups, you can count on 360 Coverage Pros to deliver unparalleled insurance expertise. We work with only top-rated carriers to develop industry-tailored programs that offer comprehensive coverage options, low rates and first-class customer care.