Professional indemnity insurance for bookkeepers offers essential protection if a client says you've got the numbers wrong. Here's how.
Public liability insurance for accountants offers calculated protection. It covers you for compensation claims if someone or something comes a cropper.
The Association of Accounting Technicians (AAT) says if you practise under an AAT licence, then you must have professional indemnity insurance. No argument.
A compensation claim for injury, damage or alleged poor teaching can easily leave you dancing to someone else's tune. Dance teacher insurance can help.
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The straightforward answer is something along the lines of ‘claims of negligence against you by a disgruntled client’. But that's only half the story,