Finance/Accounting Insurance
Coverage That Supports Accuracy, Security, and Professional Confidence
What Is Finance/Accounting Insurance?
Finance & Accounting Insurance is specialized coverage designed for professionals and businesses that handle sensitive financial information, provide advisory services, or manage client accounts. This includes accountants, bookkeepers, tax preparers, financial advisors, payroll services, and consulting firms.
This insurance protects your business from risks like professional errors, data breaches, client disputes, accidental misinformation, and liability claims that may arise from the financial services you provide. It also helps safeguard your office, technology, and staff from unexpected losses or damages.
Why Do You Need It?
Financial and accounting professionals work in high-trust environments where accuracy is essential. A small mistake, miscalculation, or missed deadline can lead to major financial consequences for a client—and potentially result in costly lawsuits or reputational damage. Additionally, finance professionals often manage sensitive data, making them prime targets for cyberattacks and security breaches. Finance & Accounting Insurance provides strong protection against these risks by covering legal costs, settlement expenses, data recovery, and property damage.
With the right coverage, you can focus on serving clients confidently and maintaining compliance without fear of unexpected setbacks.
Types of Finance/Accounting Insurance
Professional Liability (Errors & Omissions) – Covers claims related to mistakes, oversights, incorrect financial advice, or missed deadlines.
Cyber Liability Insurance – Protects against data breaches, cyberattacks, lost client information, and digital security incidents.
General Liability Insurance – Covers third-party injuries or property damage that occur at your office.
Commercial Property Insurance – Protects office space, documents, computers, and technology from fire, theft, or vandalism.
Business Interruption Insurance – Helps replace lost income if your office must temporarily close due to a covered event.
Fiduciary Liability Insurance – Covers claims of mismanagement of employee benefit plans or financial responsibilities.
Employment Practices Liability Insurance (EPLI) – Protects against claims related to employment issues such as discrimination or wrongful termination.
Directors & Officers (D&O) Insurance – Provides protection for company leadership against claims related to management decisions.
Workers’ Compensation – Covers employees who may be injured while performing job duties.
Commercial Crime Insurance – Protects against fraud, embezzlement, or theft committed by employees or outside parties.