Mistakes Happen!

Protect your business with the professional liability plan designed specifically for small and mid-sized practices.

NEW! Pick-A-Premium feature for practices with $100,000 or less in annual revenue.

FIND YOUR PREMIUM

Whether you’re a tax preparer, enrolled agent, bookkeeper or CPA, our state-of-the-art errors and omissions policy can be tailored to fit your practice and your budget with flexible liability limits, deductibles, and premium payment schedules.

Plan Features Include

Pre-Claims Assistance

Covers the expenses of an attorney or an accountant for assisting and evaluating a potential claim.

Disciplinary Proceedings Coverage

For expenses you incur as a result of disciplinary action or regulatory proceeding.

Subpoena Response Assistance

Covers expenses to retain an attorney to respond to a subpoena for documents, a deposition, or trial testimony.

Gain protection and peace of mind for your practice

Tailor coverage to meet your specific needs and budget requirements

The cost of defending even a single professional liability lawsuit can be burdensome, even if you prevail. A judgment against you could have a devastating impact on your practice and, potentially, your personal finances. Help protect yourself with this NSA-endorsed professional liability plan.

A broad definition of services covered, including audit, attestation, personal fiduciary, and investment advisory services
Flexible liability limits, premium installment options, deductibles, and endorsements allow for coverage that fits your practice
Coverage for staff members
Access to Travelers risk-management hotline, newsletter, and online resources

Claim Examples From Our Files

Even the best accounting and tax professionals have legal and liability exposure

Missing Form

A tax preparer neglects to file a required form, which is not discovered until later years. The client demands that the preparer pay resulting interest and penalties.

Third-Party Subpoena

An accountant’s client is sued, and the plaintiff subpoenas the accountant for documents and extensive history. An attorney is needed to advise the accountant on the subpoena and for representation at a resulting deposition, even though there was no E&O claim.

Tax Overpayment

An audit reveals overstated inventory and assets from years prior, but it’s too late to recoup overpayments to the IRS. The client demands that his accountant reimburse him for the overpayments.

Disciplinary Hearing

A disgruntled client files a disciplinary action against her accountant. An attorney is needed to prepare for and represent the accountant at the hearing.

Find Your Premium

Select the size of your practice

$100,000 or less

in annual revenue

Choose from 8 different coverage options
All plans feature $0 deductible
Rates start at $325 per year

PICK A PREMIUM ›

More than $100,000

in annual revenue

Various limits from $500,000 to $5 million available
Coverage options for wide range of Areas of Practice

GET A QUOTE ›

All applications are subject to underwriter review and approval.

Endorsed by the National Society of Accountants
Travelers Accountants Professional Liability policy is endorsed by the National Society of Accountants and administered by Forrest T. Jones & Company, a national leader in association insurance programs for more than 50 years.