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Professional Indemnity Insurance for Accountants The main bodies where this requirement comes into place are for accountants are as follows:I.C.A. (Chartered) institute of chartered accountantsI.C.A.E.W. The institute of chartered accountants in England and WalesI.C.A.S. The institute of chartered accountants in IrelandACCA The association of chartered certified accountantsC.I.M.A The chartered institute of management accountantsC.I.P.F.A. The chartered institute of Public finance and accountancyUnderwriters and Insurers, have adapted their policies over the years to incorporate each of the regulators specific covers they want their members to have when purchasing a Professional Indemnity Insurance policy. It would be true to say that many accountants' policies are now standard policy wordings to incorporate the regulators demands across most of the major suppliers that offer Professional Indemnity cover. Indeed the (ICA) Institute of chartered accountants wordings, (one of the best policies available for accountants giving covers such as any one claim, civil liability, excluding costs and expenses on excess and damage claims, is often extended or used for most...more
Important Things to Consider When Getting Dump Truck Insurance Still waiting for a reminder from your insurance company to get dump truck insurance? Better get one now because you will need plenty of time to look for the right insurance with the best offers.It may seem to be an easy task to look for dump truck insurance because of the number...more
In this world of high definition, an HD camcorder is a great item to go nicely with your HD television. With more and more HD product becoming readily available, the prices of high definition camcorders are dropping all the time. If youre still not up to speed with HD camcorders, here is a helpful guide to outline the key info that you need to know...more
So many people think of their insurance premiums as just another expense and in the current economy this thought process is not surprising. It is important to realize that your insurance premiums are just as important as your expenses for any other necessity especially during trying economic times. Insurance is one of those things that you pay for without seeing immediate results but its importance should not be overlooked.Financial disasters can happen in uncertain times, however, those with renters, homeowners, health and life insurance will have a important hedge against such disaster. While insurance cost certainly will come into question; should you be faced with the financial burden of just one accident, you will see the safety net such insurance offers and not have to witness all your lifelong accumulated assets be taken away for payment and you and your family become a burden to someone else.In case this might have escaped your knowledge, accident and injury bills that are filed against you can legally place a lien against every single asset you own, putting all you have in jeopardy. Many people are finding that the high cost of medical treatment can often place serious...more
What is error omission insurance? It covers a business when it is sued because they failed to meet expectations. This is a huge assistance, because in many instances lawsuits can require you to pay a huge sum of money, rightly or wrongly. Therefore,...more
Picking the right insurance is not an easy task for anyone. Everyone knows that they should compare but that is even difficult when you aren't sure what you are looking for. One thing that seems to be common with any type of insurance company is...more
If you have decided to open a business in the Southwest, you may notice a number of unique challenges and opportunities. The weather is amongst the oddest in the country, switching between extreme heat and extreme cold with the season, and you have...more
While we understand that to invest in a unit trust carries certain risk, especially so when the unit trust carries lots of equity component and more so if the investment is on foreign market. A few of the most overlooked investments are insurance...more
Insurance is a fairly simple concept; you pay a company a certain amount of money in order to cover your own financial risks. In general the amount of money you pay, known as a premium, is far less than the amount paid out by the insurance company...more
Landlord building insurance can protect the building from damage Becoming a landlord is one of the most popular ways of raising income. But without landlord insurance, there may be a danger of losing out financially in the event of damage to...more