As a bookkeeper, you are expected to help your clients keep their finances in shape so they can carry out their accounting efficiently. This element of trust and pressure means that you are at risk of making mistakes which can prove costly for you.
However, if you are an ICB practice licence holder then it is compulsory for you to have business insurance. Your professional body may call it a requirement but ultimately the cover will protect you should a client accuse you of making an error. As you are dealing with someone else’s finances your experience and ability are always under scrutiny and this can increase the potential for mistakes and claims.
A claim can cause severe financial loss for your business and this is why business insurance can work for you. With the insurance in place you can deal with a claim efficiently and professionally because all costs will be paid and advice and representation is also available. A simple mistake or negligence can cause you a number of problems so make the right decision to put business insurance in place.
Business insurance suitable for bookkeepers
As soon as you put business insurance in place you will realise how important it is for your business. Having peace of mind and the confidence knowing that you are protected can only be a positive thing for you and your business. We have cover to suit your needs and budget so you can be sure that you are covered for all eventualities.